50 Welland Avenue

St. Catharines, 451 - Downtown

描述

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.

This multiplex home located at 50 Welland Avenue, St. Catharines, ON L2R 2M5 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$2M. It has 11 beds, 7 bathrooms, and is 3000-3500 square feet. The property is N/A years old. 50 Welland Avenue, St. Catharines, ON L2R 2M5 is in St. Catharines neighborhood 451 - Downtown.