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50 WELLAND AVENUE
451 - Downtown St. Catharines (Downtown) L2R 2M5

$1,595,000
Multi-family beds: 11 baths: 7.0

Main Photo: 50 WELLAND AVENUE in St. Catharines (Downtown): Multi-family for sale : MLS®# X12249446
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
X12249446
Bedrooms:
11
Bathrooms:
7
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:2493)
Property Type:
Multi-family
Living Area (Min):
3,000 sq. ft.
Living Area (Max):
3,500 sq. ft.
Zoning:
R3
Taxes:
$6,981 / 2024
Community:
451 - Downtown
Exterior Features:
Brick
Structure Type:
Other
Appliances Included:
Water Heater
Bedrooms:
11
Bedrooms Above Grade:
11
Bathrooms:
7.0
Cooling:
Window air conditioner
Fireplace:
No
Foundation:
Poured Concrete
Heating:
Radiant heat, Natural gas
# Storeys:
3.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Full
Lot Frontage:
50'
Lot Details:
50 x 115 FT
Parking:
No Garage
Total Parking Spaces:
5
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Listed by REVEL Realty Inc., Brokerage
Data was last updated July 30, 2025 at 11:15 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$659,000
Min list price:
$429,000
Max list price:
$1,999,999
Avg days on market:
62
Min days on market:
11
Max days on market:
293
Avg price per sq.ft.:
$313.11
These statistics are generated based on the current listing's property type and located in 451 - Downtown. Average values are derived using median calculations. This data is not produced by the MLS® system.
PHYLLIS DE PROPHETIS
DENNIS DE PROPHETIS
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.