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$599,999
Status: For Sale
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.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X14170588 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :11 Nov, 2026 (6 Hours ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | :
L3B 4M3
|
| Price | : $599,999 |
|---|---|
| Property Taxes | :$2314.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :7 + |
|---|---|
| No. of Rooms | :17 |
| Heating | :Baseboard |
| Place of Worship | :Yes |
| Cross Street | :King St |
| Bathrooms | :3 |
|---|---|
| Fuel | :Electric |
| Approx Square Footage | :2000-2500 sqft |
| Fireplace/Stove | :No |
| Bathroom | :3.15 m x 1.55 m |
|---|---|
| Kitchen | :4.29 m x 2.24 m |
| Bathroom | :2.44 m x 1.52 m |
| Bedroom | :4.22 m x 3.28 m |
| Living Room | :4.29 m x 2.31 m |
| Kitchen | :2.77 m x 3.05 m |
| Primary Bedroom | :3.3 m x 4.06 m |
|---|---|
| Office | :3.0 m x 3.38 m |
| Living Room | :4.45 m x 3.38 m |
| Bedroom | :3.3 m x 3.56 m |
| Kitchen | :4.32 m x 4.42 m |
| Bedroom | :3.66 m x 3.33 m |
| Exterior Finish | :Stucco (Plaster) |
|---|---|
| Parking Space | :6 |
| Basement | :Partial Basement |
| Garage | :Detached |
|---|---|
| Park | :Park |
11 Nov, 2026
TREB #X14170588
Listed
$599999.0
