$1,520,000
$1,520,000
Multiplex50 Welland Avenue, St. Catharines, ON
81 DAYSon market
11Bedrooms
7Bathrooms
0Garage
3000-3500Sq Ft





















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Listed by REVEL Realty Inc., Brokerage
Listed by REVEL Realty Inc., Brokerage
Property Highlights
Status
Sold Cond.
Parking
5 spaces
Property Tax
$6,981/yr
Lot Size
5,750 sqft
Style
3-Storey
Basement
Full
Monthly Cost
$7,000/mo
About This Home
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.
Monthly Cost
Monthly Mortgage$6,418
Property Tax ($6,981/yr)$582
Total$7,000
Price & Listing History
Schools
Location
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