1075 Ontario Road
Welland (Lincoln/Crowland), ON L3B 5E5
- 5+2Bedrooms
- 4Bathrooms
- 6Parking
- 1500–2000Sq Ft
- $3,518Tax
- 75×150 ftLot Size
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About 1075 Ontario Road, Welland, Lincoln/Crowland
Summarized Description
- Investment triplex with strong cash flow potential.
- Approx.
- 6.15% cap rate for solid returns.
- Includes one 3-bedroom and two 2-bedroom units.
- Recent upgrades enhance property value significantly.
- Ample parking available for six vehicles.
- All major systems upgraded within last five years.
- Stable tenants already in place for immediate income.
- Ideal for new investors or portfolio expansion.
Cash-producing triplex opportunity at 1075 Ontario Road, offering an approx. 6.15% cap rate, solid tenants, one 3-bedroom unit and two 2-bedroom units. This property is a great opportunity to start your investment portfolio or add to an existing one, with 6-car parking and recent upgrades including new electrical and plumbing, a second-storey roof approximately 3 years old, hot water heating, and mini-split systems approximately 5 years old, with the 1075 system completed approximately 3 years ago. A straightforward income-producing property with key improvements already completed and tenants in place - don't miss out!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,518
- Land Transfer Tax Fee
- $11,475
Rental Items
- Under Contract
- None
- Basement Type
- Finished, Separate Entrance
Interior Features
- Interior Extras
- Separate Heating Controls
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch
- Pool
- None
- Property Features
- Park, Public Transit, School, Hospital
Building
- Building Type
- Multiplex
- Building Style
- Other
Construction
- Exterior Finish
- Vinyl Siding, Other
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 75.00 ft
- Lot Depth
- 150.00 ft
Inclusions
- Inclusions
- 2x refrigerators, 3x stoves, 1x washer & dryers & 2 stackable washer/dryers.
Exclusions
- Exclusions
- Tenant's belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Forced Air
- Air Conditioning
- Other
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5 + 2
- Washrooms
- 4
- Kitchens
- 3
Washrooms
- 4-piece, Basement
- 4-piece, Main
- 4-piece, Second
- 2-piece, Main
- Municipality
- Welland
- Neighbourhood
- Lincoln/Crowland
- Main cross streets
- Ontario/Empress/Southworth
- Zoning
- RL2
- Directions
- Southworth to Ontario, just before Empress Ave
- MLS® number
- X13077426
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-05-17
- Listed on
- 2026-05-04
- Days on market
- 13 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
Home Market Value
Current home valuation for 1075 Ontario Road, Welland, Lincoln/Crowland, Welland, ON. Listed for $750,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 1075 Ontario Road, Welland, Lincoln/Crowland
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $250,000 over $500K
$50,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $27,990 | $20,925 | $17,850 | $0 |
=Total mortgage | $727,740 | $695,925 | $655,350 | $600,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,553monthly | $3,398monthly | $3,200monthly | $2,930monthly |
Land Transfer Tax
$11,475
$11,475
Around this home
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