$624,900
$624,900
For more information regarding the value of a property, please contact us for a free consultation.
87 Ontario Road Welland, ON L3B 5C3
5 Beds
3 Baths
1,938 SqFt
Key Details
Sold Price $624,900
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 1,938 sqft
Price per Sqft $322
MLS Listing ID 40703453
Bedrooms 5
Annual Tax Amount $3,882
Property Sub-Type Multi-3 Unit
Property Description
**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.
Location
Province ON
County Niagara
Area Welland
Zoning INSH
Rooms
Kitchen 0
Interior
Heating Electric
Cooling Wall Unit(s)
Laundry In-Suite
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Roof Type Asphalt Shing
Building
Lot Description Hospital, Library, Park, Public Transit, Schools
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Vinyl Siding
New Construction No
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Information Technology Systems Ontario, Inc.