50 Welland Avenue, St. Catharines, ON L2R 2M5
451 - Downtown, St. Catharines · Near Lake/Welland · View map
About this home
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.
The home
- Type
- Multiplex
- Style
- 3-Storey
- Square footage
- 3000-3500 sq ft
- Bedrooms
- 11
- Bathrooms
- 7
- Kitchens
- 7
- Rooms
- 25
- Basement
- Full
- Lot size
- 50 x 115 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Air conditioning
- Window Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 5
- Total parking
- 5
Taxes & other
- Property taxes
- $7,300/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- FLEXIBLE
- Cross street
- Lake/Welland
- Neighbourhood
- 451 - Downtown
More
- Price per sq ft
- ~$458 (at 3,250 sq ft)
- MLS® number
- X13525844
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The home and its surroundings
- Carpet Free
- Upgraded Insulation
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
50 Welland Avenue, St. Catharines, ON L2R 2M5
451 - Downtown, St. Catharines · Near Lake/Welland
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Listing history for 50 Welland Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 50 Welland Avenue
Answers come straight from this home’s MLS® listing.
How much is 50 Welland Avenue listed for, and what would it cost each month?
50 Welland Avenue is listed for $1,489,000. With 20% down ($297,800), the mortgage payment would be roughly $6,006 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,615 a month, all in. That figure is an illustration, not a quote.
Is 50 Welland Avenue freehold or a condo, and is there a monthly fee?
50 Welland Avenue is a multiplex in 451 - Downtown, St. Catharines. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 50 Welland Avenue have?
50 Welland Avenue has 11 bedrooms and 7 bathrooms. The listing gives the style as 3-storey.
Does 50 Welland Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
Does 50 Welland Avenue have a finished basement?
The listing describes the basement as full.
What style of home is 50 Welland Avenue?
50 Welland Avenue is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 50 Welland Avenue, and what is the lot size?
The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 115 ft.
How is 50 Welland Avenue heated and cooled?
Heating is radiant (gas). Cooling is window unit(s).
What are the property taxes for 50 Welland Avenue?
Property taxes are $7,300 a year (2026), or about $608 a month.
Where is 50 Welland Avenue?
50 Welland Avenue is in the 451 - Downtown community of St. Catharines. The nearest main intersection is Lake/Welland. The postal code is L2R 2M5.
Is 50 Welland Avenue still for sale?
Yes. It is an active listing (MLS® X13525844). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 50 Welland Avenue asking?
Similar properties for sale nearby right now include 293-295 Glenridge Avenue at $1,199,000 (11+4 bed), 1 College Street at $1,050,000 (5 bed) and 15 Trafalgar Street at $1,225,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 50 Welland Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 50 Welland Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 451 - Downtown, picked by style, size and price.
Fourplex$1,199,000293-295 Glenridge Avenue, St. Catharines11+4 bed · 11 bath · 461 - Glendale/GlenridgeCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →
Detached home$1,050,0001 College Street, St. Catharines5 bed · 4 bath · 451 - DowntownCourtesy of: ROYAL LEPAGE NRC REALTYView home →
Detached home$1,225,00015 Trafalgar Street, St. Catharines4 bed · 4 bath · 451 - DowntownCourtesy of: EXP REALTYView home →Courtesy of: REVEL Realty Inc., Brokerage
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.