Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises ...7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside.
Full Property Details
Interior
Bedrooms
7
Total Bedrooms
7
Washrooms
3
Square Footage
2000-2500 sqft
Basement
Partial Basement,Unfinished
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Bedrooms
7
Total Bedrooms
7
Washrooms
3
Square Footage
2000-2500 sqft
Basement
Partial Basement,Unfinished
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Exterior
Depth
145.51
Front
58.04
Driveway
Private Double
Lot Size
58 x 145.51 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
Detached
Garage Spaces
2
Zoning
RL2
Depth
145.51
Front
58.04
Driveway
Private Double
Lot Size
58 x 145.51 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
Detached
Garage Spaces
2
Zoning
RL2
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Triplex
Year Built
100+
Property Orientation
South
Exterior Finish
Stucco (Plaster)
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Triplex
Year Built
100+
Property Orientation
South
Exterior Finish
Stucco (Plaster)
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Welland Downtown
Community
Welland Downtown
Taxes & Fees
Taxes
$2,314 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$2,314 /yr
Tax Year
2025
Occupancy
Tenant
Room Types
Bathroom
3 Pc Bath
Dimensions 10.33 x 5.09 feet
52.58 sqft
Bathroom
3 Pc Bath
Dimensions 8.01 x 4.99 feet
39.97 sqft
Bedroom
-
Dimensions 10.83 x 11.68 feet
126.49 sqft
Bedroom
-
Dimensions 12.01 x 10.93 feet
131.27 sqft
Bedroom
-
Dimensions 13.85 x 10.76 feet
149.03 sqft
Kitchen
-
Dimensions 14.07 x 7.35 feet
103.41 sqft
Kitchen
-
Dimensions 14.17 x 14.5 feet
205.46 sqft
Living Room
-
Dimensions 14.07 x 7.58 feet
106.65 sqft
Living Room
-
Dimensions 14.6 x 11.09 feet
161.91 sqft
Office
-
Dimensions 9.84 x 11.09 feet
109.13 sqft
Primary Bedroom
-
Dimensions 10.83 x 13.32 feet
144.26 sqft
Primary Bedroom
-
Dimensions 12.01 x 16.67 feet
200.21 sqft
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