Description
Welcome to 14 Avenue Place in the heart of Welland's evolving downtown core, a turnkey triplex opportunity primed for strong returns. This 1,691 sq ft property features three self-contained units, including two fully renovated one-bedroom suites taken back to the studs, offering modern finishes and the ability to set market rents immediately. With two units delivered vacant, investors have a rare chance to optimise income from day one. This property sits just steps from the Welland Farmers' Market, Merritt Amphitheatre, and the scenic recreational canal with its extensive walking and biking trails. Tenants will appreciate the walkable lifestyle, access to green space, and proximity to transit and downtown amenities. The building includes three kitchens, three bathrooms, and essential appliances, making it a straightforward addition to any portfolio. Whether you are expanding or entering the investment market, this is a strategic acquisition in a rapidly transforming neighbourhood with long-term upside.
Details
| MLS # | 40821966 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 141 |
| Listing Provided By | RE/MAX Escarpment Golfi Realty Inc. | Rob Golfi |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,691 |
| Basement | Y |
| Story(s) | 1 |
| Units | 3 |
| Zoning | DMC |
| Acreage | 0.05 |
| Water Front | Yes |
Interior
| Appliances | Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Separate Heating Controls, Separate Hydro Meters |
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Baseboard |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
Exterior
| Lot Features | Rectangular, City Lot, High Traffic Area, Hospital, Park, Place of Worship, Public Parking, Public Transit |
|---|---|
| Construction Materials | Aluminum Siding, Brick |
| Roof | Asphalt Shing |
| Foundation Details | Poured Concrete |
| Waterfront Features | Access to Water |
Parking
| Garage Spaces | 0 |
|---|
Utilities
| Sewer | Septic Tank |
|---|
Taxes
| Tax Annual Amount | 2985 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Niagara |
| City | Welland |
| Postal Code | L3B 4B1 |
| Area | Welland |
| Subarea | 768 Welland Downtown |
| Community Name | 768 Welland Downtown |
| Listing VS Median (in 768 Welland Downtown) | |
Price: $589,900 low | high Med: $299,999 sqft: 1,691 low | high Med: 1,850 $ / sqft: $349 low | high Med: $162 On site: 141 low | high Med: 10 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Welland |
| Postal Code | L3B 4B1 |
| Area | Welland |
| Subarea | 768 Welland Downtown |
| Community Name | 768 Welland Downtown |
| Listing VS Median (in 768 Welland Downtown) | |
Price: $589,900 low | high Med: $299,999 sqft: 1,691 low | high Med: 1,850 $ / sqft: $349 low | high Med: $162 On site: 141 low | high Med: 10 | |
