50 Welland Avenue
451 - Downtown
St. Catharines
L2R 2M5
$1,489,000
Residential Freehold
beds: 11
baths: 7.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X13525844
- Bedrooms:
- 11
- Bathrooms:
- 7
- Photos (17)
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7 UNITS. FULLY RENTED. OVER $125,000 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 $125,000 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.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Multiplex
- Home Style:
- 3-Storey
- Total Approx Floor Area:
- 3000-3500
- Lot Depth:
- 115'35.1 m
- Lot Frontage:
- 50'15.2 m
- Direction Faces:
- South
- Bedrooms:
- 11
- Bathrooms:
- 7.0
- Water supply:
- Municipal
- Kitchens:
- 7
- Bedrooms Above Grade:
- 11
- Kitchens Above Grade:
- 7
- Rooms Above Grade:
- 25
- Zoning:
- R3
- Heating type:
- Radiant
- Heating Fuel:
- Gas
- Foundation:
- Poured Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Full
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 5
- Total Parking Spaces:
- 5.0
- Family Room:
- No
- Possession Details:
- FLEXIBLE
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $7,300 / 2026
- Assessment:
- $- / -
- Niagara
- St. Catharines
- 451 - Downtown
- Carpet Free, Other, Upgraded Insulation
- TANKLESS WATER HEATER
- Brick
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Window Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
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Listed by REVEL Realty Inc., Brokerage
Data was last updated July 8, 2026 at 06:15 AM (UTC)
- TYSON BRANDOW
- RE/MAX ESCARPMENT REALTY
- 1-905-573-1188
- Contact by Email
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