50 Welland Avenue St. Catharines (Downtown), Ontario L2R 2M5
$1,489,000
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. (id:43681)
房源概要
| MLS® Number | X13525844 |
| 房源类型 | Multi-family |
| 社区名字 | 451 - Downtown |
| 设备类型 | 热水器, 热水器 - Tankless |
| 特征 | 无地毯 |
| 总车位 | 5 |
| 租赁设备类型 | 热水器, 热水器 - Tankless |
详 情
| 浴室 | 7 |
| 地上卧房 | 11 |
| 总卧房 | 11 |
| 地下室类型 | Full |
| Construction Status | Insulation Upgraded |
| 空调 | Window Air Conditioner |
| 外墙 | 砖 |
| 地基类型 | 混凝土浇筑 |
| 供暖方式 | 天然气 |
| 供暖类型 | 地暖 |
| 储存空间 | 3 |
| 内部尺寸 | 3000 - 3500 Sqft |
| 类型 | Other |
| 设备间 | 市政供水 |
车 位
| 没有车库 |
土地
| 英亩数 | 无 |
| 污水道 | Sanitary Sewer |
| 土地深度 | 115 Ft |
| 土地宽度 | 50 Ft |
| 不规则大小 | 50 X 115 Ft |
| 规划描述 | R3 |
https://www.realtor.ca/real-estate/29992643/50-welland-avenue-st-catharines-downtown-451-downtown
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage
July 07 2026 04:21:44
