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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

FEATURED PROPERTIES
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$1,595,000
Available - For Sale
Listing ID: X12662354
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.
Price $1,595,000
Taxes: $6,981
Occupancy by: Tenant
Address: 50 Welland Avenue , St. Catharines, L2R 2M5, Niagara
Directions/Cross Streets: Lake/Welland
Rooms: 25
Bedrooms: 11
Bedrooms +: 0
Washrooms: 7
Family Room: F
Basement: Full
No. of Pieces Level
Washroom 1 3 Main
Washroom 2 3 Upper
Washroom 3 3 Basement
Washroom 4 0
Washroom 5 0
Washroom 6 3 Main
Washroom 7 3 Upper
Washroom 8 3 Basement
Washroom 9 0
Washroom 10 0
Washroom 11 3 Main
Washroom 12 3 Upper
Washroom 13 3 Basement
Washroom 14 0
Washroom 15 0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage

50 Welland Avenue , St. Catharines, L2R 2M5, Niagara

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 451 - Downtown
Style: 3-Storey
Lot Size: x 115.00(Feet)
Approximate Age:
Tax: $6,981
Maintenance Fee: $0
Beds: 11
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Rate: %
Amortization:  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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