34
See all 34 photos
$624,900
Est. payment /mo
1,938 SqFt
New
87 Ontario RD Welland, ON L3B 5C3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
03/12/2025 07:37 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,938 sqft
Price per Sqft $322
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12000194
Annual Tax Amount $3,882
Tax Year 2024
Property Sub-Type Investment
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
Community 773 - Lincoln/Crowland
Area Niagara
Zoning INSH
Interior
Cooling Yes
Inclusions Appliances Negotiable.
Exterior
Utilities Available Available
Lot Frontage 36.0
Lot Depth 92.4
Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE