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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.
City: St. Catharines
Neighborhood: Downtown
Purchase Price | $1595000 |
Down Payment | $319000 |
Mortgage Insurance | $0 |
Total Mortgage | $1276000 |
Mortgage Payment | $7863 |
Property Taxes | $582 |
Maintenance Fees | $0 |
Monthly Payment | $8445 |
Located at 50 Welland Ave , this St. Catharines house is available for sale. This property was listed for $1,595,000 on Fri Jun 27 2025. This house's size is 3000-3500 Sqft. It has 11 bedrooms and 7 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 5 parking spots. 50 Welland Ave, St. Catharines is situated in the Downtown neighbourhood.
MLS#: X12249446 · $1,595,000 · 11 bedroom house in Downtown, St. Catharines