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14 Avenue Place Welland, Ontario L3B 4B1

3 Bedroom 3 Bathroom 1691 sqft
None Baseboard Heaters

$589,900

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. (id:61499)

Property Details

MLS® Number 40821966
Property Type Multi-family
AmenitiesNearBy Hospital, Park, Place Of Worship, Public Transit
CommunityFeatures High Traffic Area

Building

BathroomTotal 3
BedroomsTotal 3
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructedDate 1930
CoolingType None
ExteriorFinish Aluminum Siding, Brick
FoundationType Poured Concrete
HeatingType Baseboard Heaters
StoriesTotal 1
SizeInterior 1691 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

None

Land

Acreage No
LandAmenities Hospital, Park, Place Of Worship, Public Transit
Sewer Septic System
SizeDepth 56 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Dmc

https://www.realtor.ca/real-estate/29622343/14-avenue-place-welland

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Rob Golfi
Salesperson


RE/MAX Escarpment Golfi Realty Inc.
1 Markland Street
Hamilton, Ontario L8P 2J5

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