Space
Finished area and layout
- Square Feet
- 3,000-3,500 sqft
- Bedrooms
- 11
- Bathrooms
- 7
+12 more
11
Bedrooms
7
Bathrooms
3,000-3,500 sqft
Square Feet
50 x 115 ft
Lot
5
Parking
Property Snapshot
Key details for this listing
MLS #X13525844
Property
Type, style and structure
- Type
- residential
- Style
- multiplex / Multiplex
- Structure
- 3-Storey
- Ownership
About This Property
This 11-bedroom, 7-bathroom multiplex in St. Catharines offers 3,000-3,500 sqft of square feet on a 50 x 115 ft lot. 3 storeys. The property has lot dimensions of 50 x 115 FT, zoned R3. The home features window unit(s), a full basement. Highlights include a none pool, a 5-car garage.
MLS Remarks
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:60351)
Full Listing Details
Address50 Welland Avenue, St. Catharines, ON L2R 2M5
MLS#X13525844
Listing StatusActive
Property TypeResidential
Sub-TypeMultiplex
TransactionSale
List DateJul 6, 2026
Days on Market112
Common InterestFreehold
Annual Tax$7,300 (2026)
Parking5 (5 garage)
Possession DetailsFLEXIBLE
Structure TypeOther
Style3-Storey
ConstructionBrick
Bedrooms11
Bathrooms7
Bedrooms Above Grade11
Square Feet3,000-3,500 sqft
Kitchens7
Stories3
CitySt. Catharines
Neighbourhood451 - Downtown
ProvinceOn
Postal CodeL2R 2M5
Lot Dimensions50 x 115 FT
Frontage50 ft
Lot Depth115 ft
ZoningR3
Zoning DetailsR3
Total Parking5
Garage Spaces5
CoolingWindow Unit(s)
BasementFull
RoofAsphalt Shingle
FoundationPoured Concrete
PoolNone
SewerSewer
Annual Tax$7,300 (2026)
LAKE TO WELLAND
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