Sold for:Sold Apr 4, 2025
$624,900

87 Ontario Road

Welland (Lincoln/Crowland), ON L3B 5C3

Multiplex SoldNot available

Property not available for sale or for rent.

Sell with HOMEH

HOMEH One: full-service selling for a 1% listing fee. The buyer's agent commission is separate.

Free Home EvaluationHow Much Is My Home Worth?Homes for Sale Nearby

Sale & Price History for 87 Ontario Road, Welland, Lincoln/Crowland

2025-02-28
2025-04-04
Sold
Price
Login to See Prices
MLS#
x12000196

Real estate boards require you to or to see the full details of this property.

*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 87 Ontario Road, Welland, Lincoln/Crowland

**Attention Investors** Fully renovated legal triplex in the heart of Welland, perfectly positioned amidst ongoing residential and commercial development. The property offers impressive rental income with over 55,000 annually. Each unit is equipped with separate meters for heat and hydro, ensuring hassle-free management and utility accountability for tenants. Strategically located, this triplex is in close proximity to essential amenities, making it highly attractive to prospective renters. The surrounding area is bustling with development, indicating promising growth and future value appreciation. Seize this incredible investment opportunity and secure a steady income stream with this well-situated, turnkey property.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,882
Land Transfer Tax Fee
$8,973

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Unfinished, Partial Basement

Interior Features

Interior Extras
Separate Heating Controls, Sump Pump
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Park, Library, Public Transit, River/Stream, School

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
36.00 ft
Lot Depth
92.40 ft
Lot Size
3326.4

Inclusions

Inclusions
Appliances Negotiable.

Exclusions

Exclusions
None.

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Electric
Heat Type
Other
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
5
Washrooms
3
Kitchens
3

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Kitchen—
    Main level, Combined w/Living
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Kitchen—
    Upper level, Combined w/Living
  • Bedroom—
    Upper level
  • Bedroom—
    Upper level
  • Bathroom—
    Main level, 3 Pc Bath
  • Bathroom—
    Main level, 3 Pc Bath
  • Bathroom—
    Upper level, 3 Pc Bath

Washrooms

  • 3-piece, Main
  • 3-piece, Main
  • 4-piece, Upper

Municipality
Welland
Neighbourhood
Lincoln/Crowland
Main cross streets
Between Steel and King Streets
Zoning
INSH
Directions
King Street to Ontario Road

MLS® number
X12000196
Data source
Toronto Regional Real Estate Board
Status change
2025-04-04
Listed on
2025-02-28
Days on market
35 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Home Market Value

Current home valuation for 87 Ontario Road, Welland, Lincoln/Crowland, Welland, ON. Listed for $624,900

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for 87 Ontario Road, Welland, Lincoln/Crowland

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

For the owner

Is this your home? Track its value.

Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Welland, ON
Minimum Down Payment Required:6.0%

5% on first $500K + 10% on $124,900 over $500K

Minimum down payment

$37,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$23,496$17,435$14,873$0
=Total mortgage
$610,902$579,845$546,038$499,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,983monthly$2,831monthly$2,666monthly$2,441monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$8,973

Total Land Transfer Tax

$8,973

Around this home

4/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
Loading map...
2.6 /10

St Mary

Private·elementary·860m

4.9 /10

Plymouth

Public·elementary·1.0km

1.9 /10

St Augustine

Private·elementary·1.2km

5.3 /10

Diamond Trail

Public·elementary·1.4km

4.7 /10

Saint-François-d'Assise

Private·elementary·French·1.8km

7.0 /10

Princess Elizabeth

Public·elementary·2.0km

6.9 /10

Fitch Street

Public·elementary·2.3km

4.5 /10

Eastdale

Public·secondary·2.7km

6.5 /10

St Andrew

Private·elementary·2.8km

6.8 /10

Confédération

Public·secondary·French·2.8km

6.0 /10

Holy Name

Private·elementary·2.8km

6.1 /10

Ross

Public·elementary·2.9km

5.5 /10

du Sacré-Coeur

Private·elementary·French·2.9km

6.2 /10

Notre Dame

Private·secondary·2.9km

7.2 /10

St Kevin

Private·elementary·3.0km

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.