14 Avenue Place, Welland, ON L3B 4B1

$589,900
3
BD
3
BA
1,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$589,900
MLS#
X13014710
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
1 Storey/Apt
Bedrooms
3
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
Welland
Area
Niagara
Neighborhood
768 - Welland Downtown
Subdivision
King Street And Avenue Place

Property 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.

Additional Information

Taxes
$2,985
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Lot Depth
55
Kitchens
3
Exterior
Aluminum Siding, Brick
Waterfront Type
Indirect
Garage Type
None
Pool
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX ESCARPMENT GOLFI REALTY INC..