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RE/MAX PREMIER INTERNATIONAL INC., Brokerage logo

Frank Merigliano

Team Leader - VIPCondosToronto / Sales Representative - RE/MAX PREMIER INTERNATIONAL INC., Brokerage

RE/MAX PREMIER INTERNATIONAL INC., Brokerage · Independently Owned & Operated

1885 Wilson Avenue, Toronto, Ontario, M9M 1A2

Phone: 416-885-0172

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# X12662354Downtown, St. Catharines · L2R 2M5
For SaleMultiplex

50 Welland Avenue

$1,489,000
11 Bed7 Bath121d on market
MLS# X12662354Downtown, St. Catharines · L2R 2M5
For SaleMultiplex

50 Welland Avenue

$1,489,000

121 days on market

Bedrooms
11 Bed
Bathrooms
7 Bath
Size (MLS Range)
3000-3500 sq ft
Parking
5 None
OverviewHistoryDetailsNeighbourhood

About This Listing

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.

Property Details

MLS NumberX12662354
Property TypeMultiplex
Style3-Storey
Listing TypeFor Sale
StatusActive
Bedrooms11 Bed
Bathrooms7
Size3000-3500 sq ft
Parking Spaces5
Parking TypeNone
Property Tax$7,300/yr
Days on Market121
Listed2026-01-05
CommunityDowntown
MunicipalityNiagara
Cross StreetLake/Welland

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May 2026

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Listing provided by REVEL Realty Inc., Brokerage

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: May 15, 2026 at 03:42 p.m.

Location & nearby

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50 Welland Avenue

Listing History — This Unit

Jan 05, 2026(4mo ago)·121 DOM
$1,489,000
Active
3000-3500 sqft·REVEL Realty Inc., Brokerage
X12662354Current
Jan 01, 2024
$000,000Expired

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