50 Welland Ave is an 11-bedroom, 7-bathroom multiplex in St. Catharines, listed for $1,489,000. It has 3000-3500 sq ft of living space.
1Fully rented. $124,000 IN Annual gross income.
2Opportunities to acquire a fully occupied multi-residential asset in the heart of St.
3Catharines, the property places tenants close to shopping, restaurants, public transit, everyday amenities, and the ongoing investment and revitalization throughout the downtown core.
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.
11 bedrooms, 7 bathrooms, about 3,000 sq ft, works out to roughly $496 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 50 Welland Ave
Every detail from the listing, in one place.
Type
Multiplex
Style
3-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
5 spaces
Basement
Full
Features & systems
Parking & garage
Parking spaces
5
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Multiplex
50 Welland Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13525844$1,489,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 50 Welland Ave Compares to the St. Catharines Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,315
/mo
based on the purchase price of $1,489,000
$297,800 cash
$1,191,200 financed
$1,003,303 total interest
Principal54%$1,191,200
Interest46%$1,003,303
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 50 Welland Ave
Homes for sale in St. Catharines
Every active St. Catharines MLS® listing, updated all day.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings718Homes for sale here right now.
Median vs prior 90 days+1.8%Compared with May 11 – Aug 9, 2026: prices up.
Based on 526 sales from Aug 9 – Nov 7, 2026 (507 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
50 Welland Ave is listed at $1,489,000 (MLS® X13525844). Summitly updates the price as soon as the MLS® record changes.
Is $1,489,000 a good price for 50 Welland Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in St. Catharines. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 50 Welland Ave changed?
No — 50 Welland Ave is still listed at its original asking price of $1,489,000.
How many bedrooms and bathrooms does 50 Welland Ave have?
50 Welland Ave has 11 bedrooms and 7 bathrooms, with about 3,000–3,500 square feet of living space. It is a multiplex in St. Catharines.
Is 50 Welland Ave close to transit?
The nearest rapid-transit station is St. Catharines GO Station (Lakeshore West GO), about 1.6 km (about a 20-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 50 Welland Ave?
About $7,315 a month — principal and interest on $1,489,000 with 20% down ($297,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 50 Welland Ave compare with other homes in St. Catharines?
Its asking price of $1,489,000 is about 166% above the median sold price in St. Catharines over the last 90 days, $559,950, across 526 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 50 Welland Ave been sold before?
Summitly has no earlier MLS® sale or lease of 50 Welland Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 50 Welland Ave?
50 Welland Ave is in St. Catharines, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 50 Welland Ave been on the market?
124 days — 50 Welland Ave was listed on July 6, 2026.
What is the price per square foot of 50 Welland Ave?
About $425 to $496 per square foot: the asking price of $1,489,000 over the 3,000–3,500 sq ft the listing gives as its size range.
