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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:58753)
Cross Streets: Lake/Welland. ** Directions: LAKE TO WELLAND.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the St. Catharines (downtown), ON area.
97/100
Walker's Paradise
Walk Score ®
61/100
Good Transit
Transit Score ®
71/100
Very Bikeable
Bike Score ®
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
38 nearby routes: 37 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 33/100, Bike Score: 48/100.
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56 HENLEY Drive, St. Catharines, ON L2N4A9
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278 VINE STREET, St. Catharines (Carlton/Bunting), ON L2M7Z4
5 bds • 4 ba • 0 sqft
2 - 25 ARBOURVALE COMMON ROAD, St. Catharines, ON L2T0A6
0 bds • 0 ba • 0 sqft
41 HARTZEL ROAD, St. Catharines (Oakdale), ON L2P1M6
4 bds • 3 ba • 0 sqft
45 PEACH TREE COMMON, St. Catharines, ON L2N0B6
3 bds • 4 ba • 0 sqft
4043 SAIDA STREET, Mississauga, ON L5M2S8
3 bds • 3 ba • 0 sqft
LOT 6 ANCHOR ROAD, Thorold (561 - Port Robinson), ON L0S1A0
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LOT 12 ANCHOR ROAD, Thorold (561 - Port Robinson), ON L0S1A0
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LOT 3 ANCHOR ROAD, Thorold (561 - Port Robinson), ON L0S1A0
3 bds • 3 ba • 0 sqft
LOT 5 ANCHOR ROAD, Thorold (561 - Port Robinson), ON L0S1A0
5 bds • 4 ba • 0 sqft
3642 VOSBURGH PLACE, Lincoln, ON L0R1G0
3 bds • 3 ba • 0 sqft
192 NIVEN ROAD, Niagara-on-the-Lake, ON L0S1J0
7 bds • 8 ba • 0 sqft
6257 DUNN STREET, Niagara Falls, ON L2G2P6
7 bds • 5 ba • 0 sqft
6018 EAGLEWOOD DRIVE, Niagara Falls, ON L2G0A7
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13 MCMASTER AVENUE, Welland, ON L3B3S6
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2 - 3318 WEINBRENNER ROAD, Niagara Falls (223 - Chippawa), ON L2G3S2
4 bds • 4 ba • 0 sqft
3568 EDINBURGH ROAD, Fort Erie, ON L0S1S0
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4680 BOWEN Road, Fort Erie, ON L0S1S0
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43621 HIGHWAY 3, Wainfleet, ON L0S1V0
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791 KILLALY STREET E, Port Colborne, ON L3K5V3
2 bds • 3 ba • sqft
401 - 77 YATES STREET
3 bds • 3 ba • sqft
601 - 77 YATES STREET
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145 King Street, St. Catharines ON L2R 3J2
3 bds • 4 ba • 2764 sqft
33 CHERRY Street
3 bds • 4 ba • 1867 sqft
33 Cherry Street, St. Catharines ON L2R 5M5
bds • 0 ba • 3510 sqft
144 LAKE STREET
bds • 0 ba • 5586 sqft
201 ST. PAUL STREET
4 bds • 4 ba • sqft
15 TRAFALGAR STREET
6 bds • 3 ba • sqft
5 COURT STREET
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5 COURT STREET
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15 WYCHWOOD ROAD
5 bds • 4 ba • sqft
10 ENDICOTT DRIVE
5 bds • 5 ba • 2400 sqft
5B Wilholme Drive, St. Catharines ON L2W 1B9
5 bds • 4 ba • 2768 sqft
10 Vergorda Circle, St. Catharines ON L2T 2P2
5 bds • 6 ba • sqft
1 PYRAMID PLACE
4 bds • 5 ba • sqft
50 HENLEY DRIVE
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56 HENLEY Drive
6 bds • 4 ba • sqft
23 FRANCIS CREEK BOULEVARD
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278 VINE STREET
Source: Realty.com
50 WELLAND AVENUE, St. Catharines (Downtown), ON L2R2M5 in St. Catharines (Downtown), ON L2R2M5 is a other listed at $1,489,000. Highlights include 11 bedrooms, 7 bathrooms. Realty.ca has 17 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 17 photos of 50 WELLAND AVENUE.
The full address for this home is 50 WELLAND AVENUE, St. Catharines (Downtown), ON L2R2M5.
50 WELLAND AVENUE has been listed on Realty.com since Mon July 06, 2026
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 33/100, Bike Score: 48/100.
This content last refreshed on 2026-09-30 19:36:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.