50 Welland Avenue, St. Catharines (Downtown), ON L2R2M5
Share Listing
Listing Type
Multi Family
Listing Status
active
20
$1,595,000
Home Details for 50 Welland Avenue
Price
$1,595,000
Type
Residential Income
Bedrooms
11
Bathrooms
7.0
Square feet
NaN
Parking
Days on site
88
Listing #
X12249446
Property Description
Looking to grow your portfolio with a reliable income property? This well-maintained 7-unit building is ideally situated in the heart of downtown St. Catharines, steps to shopping, dining, public transit, and the city's ongoing revitalization. The property features 3 one-bedroom units and 4 two-bedroom units, all fully rented, generating a gross annual income of approx $115,000 with positive cash flow and a strong cap rate. Benefit from the on-site parking, a low-maintenance exterior, and the added convenience of on-site laundry for extra income. This is a smart, turnkey opportunity in a high-demand rental area, perfect for any investor looking for stability and growth. Financials available. (id:31684)
Property Features
Heating Information
Natural Gas
Radiant
Cooling Information
Window Unit(s)
Listing Courtesy: REVEL Realty Inc., Brokerage
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.