Welland, ON L3B 5C3,87 Ontario Road
Welland, ON L3B 5C3,87 Ontario Road
Welland, ON L3B 5C3,87 Ontario Road
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Listed by Ryan Dyck • COLDWELL BANKER ADVANTAGE REAL ESTATE
$624,900
Est. payment /mo
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5 Beds
3 Baths
1,938 SqFt
Pending

87 Ontario Road Welland, ON L3B 5C3

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Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Pending

Purchase Type For Sale

Square Footage 1,938 sqft

Price per Sqft $322

MLS Listing ID 40703453

Bedrooms 5

Abv Grd Liv Area 1,938

Originating Board Waterloo Region

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

Direction King Street to Ontario Road

Rooms

Basement Partial, Unfinished, Sump Pump

Kitchen 0

Interior

Interior Features Separate Heating Controls

Heating Electric

Cooling Wall Unit(s)

Fireplace No

Laundry In-Suite

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Roof Type Asphalt Shing

Lot Frontage 36.0

Lot Depth 92.4

Garage Yes

Building

Lot Description Hospital, Library, Park, Public Transit, Schools

Faces King Street to Ontario Road

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 641220164

Ownership Freehold/None


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agent

Joseph Halleran

Agent

+1(519) 341-4992

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87 Ontario Road