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About this home
Turnkey Legal Triplex In The Heart Of Welland Offering Strong, Reliable Income And Exceptional Future Potential. Situated On A Rare 60 X 153 Ft Corner Lot, This Property Provides Ample Outdoor Space And Parking For Up To 10 Vehicles, A Highly Desirable Feature For Tenants And Long-Term Flexibility. This Well-Maintained Building Features Three Self-Contained Units, Each With Its Own Separate Hydro Meter And Private In-Suite Laundry, Allowing Tenants To Pay Their Own Electricity While Sharing Remaining Utilities (Gas And Water) On A Proportionate Basis. A Shared Front Foyer Serves The Main And Upper Units, While The Lower Unit Benefits From A Separate Rear Entrance For Added Privacy. Unit 1 Is Bright And Functional With A Spacious Living Area, Eat-In Kitchen, One Bedroom, Four-Piece Bath, And In-Suite Laundry (Vacant With Estimated Market Rent Of $1,400 + 30% Of Gas And Water). Unit 2 Spans The Main And Second Floor, Offering A Generous Layout With A Large Living Area, Oversized Kitchen With Ample Cabinetry, Two Bedrooms, And A Four-Piece Bath (Tenanted At $1,650 + 40% Of Gas And Water). The Lower Unit Features Two Bedrooms And A Fully Renovated Interior Including A Modern Kitchen, Updated Bathroom, New Flooring, Dedicated Dining Area, Spacious Living Room, And In-Suite Laundry (Vacant With Estimated Market Rent Of $1,575 + 30% Of Gas And Water). Extensive Upgrades Include Full Legalization In 2023 With A 200-Amp Electrical Panel, Upgraded 1-Inch Plumbing, And A Complete Renovation Of The Lower Unit. In 2026, The Upper Unit Was Further Improved With A New Kitchen, Doors, Baseboards, And Fresh Paint Throughout. Ideal For Investors Seeking A Low-Maintenance, High-Performing Asset Or Buyers Looking To Live In One Unit While Generating Significant Rental Income.
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Rooms
13 rooms · 3 bathrooms
- Kitchen13′ × 7′8″100 sq.ft.
- Living room13′7″ × 11′5″155 sq.ft.
- Kitchen19′ × 14′266 sq.ft.
- Bedroom11′ × 13′143 sq.ft.
- Bedroom 29′ × 6′54 sq.ft.
- Bedroom14′2″ × 6′4″90 sq.ft.
- Bedroom 214′6″ × 10′11″158 sq.ft.
- Bedroom 39′2″ × 7′5″68 sq.ft.
- Kitchen12′9″ × 9′5″120 sq.ft.
- Bathroom6′3″ × 6′3″39 sq.ft.
- Living room18′8″ × 13′243 sq.ft.
- Bedroom12′2″ × 7′4″89 sq.ft.
- Bedroom 210′3″ × 11′10″121 sq.ft.
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