23 Saint Andrews Avenue, Welland — For Sale in Welland
0 bed · 6 bath · Investment for sale in Welland.
23 Saint Andrews Avenue, Welland, ON L3B 1E2
About This Property
Now for sale at 23 Saint Andrews Avenue in Welland: a 0-bedroom, 6-bathroom investment listed at $1,349,000.
This purpose-built 6-unit building offers a solid 6.2% cap rate today, with a clear path to 6.6% by September. Located on a corner along St. Andrews Street in a quiet, established pocket of Welland, with an elementary school across the street, this is the kind of steady location that attracts long-term, reliable tenants. No heavy renovations, no guesswork, no sleepless nights. This is a proven, income-producing property already generating strong returns, with upside that comes from tightening operations, not tearing the place apart, exactly what you want when stepping into your first multi-unit or adding to your portfolio. The fundamentals are right where they should be, paved parking, on-site coin laundry adding extra income, and dual entrances that keep the building secure and functional. Simple systems, predictable performance.This is how you move from thinking about investing to actually owning something that pays you every month. Buy smart, learn the ropes, build equity. Then do it again.
Property Specifications
| MLS® Number | X12958032 |
|---|---|
| Status | For Sale |
| List Price | $1,349,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 6 |
| Living Area | 3614 sq ft |
| Address | 23 Saint Andrews Avenue, Welland, ON L3B 1E2 |
| City | Welland |
| Postal Code | L3B 1E2 |
Listing Contracted With: ROYAL LEPAGE NRC REALTY
