50 Welland Avenue, St Catharines
7 UNITS. FULLY RENTED. $124,000 IN ANNUAL GROSS INCOME. Opportunities to acquire a fully occupied multi-residential asset in the heart of St. Catharines don't come along every day. This established 7-unit building offers investors immediate income from day one, with a desirable unit mix of 3 one-bedroom apartments and 4 two-bedroom apartments. With approximately $124,000 in annual gross income, positive cash flow and a strong cap rate, this is an opportunity to add scale to your portfolio without the uncertainty and carrying costs associated with vacant units or a major repositioning project. Located in downtown St. Catharines, the property places tenants close to shopping, restaurants, public transit, everyday amenities, and the ongoing investment and revitalization throughout the downtown core. The property also features on-site parking, a low-maintenance exterior and on-site laundry offering an additional income stream. Whether you're expanding an existing portfolio, moving into multi-residential investing or looking to reposition capital into an income-producing real estate asset, this property deserves a closer look. 7 units. 100% occupancy. Income in place. One property with the ability to make an immediate impact on your portfolio.Detailed financial information available for qualified buyers. (id:1945)
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Property details for 50 Welland Avenue, St Catharines
- Type
- Multi-family
- Bedrooms
- 11
- Bathrooms
- 7
- Lot Size
- 50 x 115 FT
- Stories
- 3
- Basement
- Full
- Parking
- No Garage
- Heating
- Radiant heat, Natural gas
- Cooling
- Window air conditioner
- Exterior
- Brick
- Annual Taxes
- $7,300
Nearby Listings Stat
Estimated price and comparable properties near 50 Welland Avenue
Active Listings
1
Min Price
$1,489,000
Max Price
$1,489,000
Avg Price
$1,489,000
Days on Market
81
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
St. Catharines, Ontario
Population
860
Median Age
34.5
Median Income
$26,976
Dwelling Value
$300,046
Housing Tenure
Owners 24%
Renters 75%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 5,017.5/km²
Avg Shelter Cost: $1,117/mo
Owners with Mortgage: 60.9%
Owners Spending 30%+: 34.8%
Tenants Spending 30%+: 55.4%
English only: 87.9%
English and French: 10.2%
Neither: 1.9%
Median Household Income: $37,504
Median Employment Income: $25,888
Price History
Listed
July 6, 2026
by REVEL Realty Inc., Brokerage
Current Price
$1,489,000
Type
Multi-family
For Sale
