50 WELLAND AVENUE, St. Catharines (downtown), ON L2R2M5

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 1,595,000

Est. payment | -/mo

11 Beds

7 Baths

3,000 SqFt

Save

$ 1,595,000

Est. payment | -/mo

Save

11 Beds

7 Baths

3,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $531

Subdivision 451 - Downtown

MLS® Listing ID X12249446

Bedrooms 11

Source Niagara Association of REALTORS®

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat

Cooling Window air conditioner

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Listed by REVEL Realty Inc., Brokerage

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

50 WELLAND AVENUE St. Catharines (downtown), ON L2R2M5