Incredible investment opportunity! This spacious is as exceptionally well-maintained 12-unit apartment building features a sought-after mix of 6 large two-bedroom units, 5 one-bedroom units, and 1 bachelor. With 12 dedicated parking spots, shared laundry, and beautifully cared-for interiors and exteriors, this property stands out in today's market as of the strongest performing low rise building in the Niagara region. Currently generating approximately $200,940 in annual rental income, with significant room to increase revenue over time. Located in a thriving Welland neighbourhood close to transit, schools, shopping, and amenities. A rare chance to secure a high-performing multi-residential asset.
Under contract
C$1,899,900
253 Fitch St, Welland, ON L3C 4W3
18beds
12baths
8,460sqft
Apartment, Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
C$225/sqft
C$-- HOA
What's special
Dedicated parking spotsShared laundryBeautifully cared-for interiors
- 12 days
- on Zillow |
- 52 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 19, 2025 at 12:34pm
Listed by:
Michael St. Jean, Salesperson,
Michael St. Jean Realty Inc.
Source: ITSO,MLS®#: 40748337Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 12
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Stove, Washer
- Laundry: Shared
Features
- None
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 8,460
- Total interior livable area: 8,460 sqft
- Finished area above ground: 8,460
Property
Parking
- Total spaces: 12
- Parking features: Outside/Surface/Open
- Uncovered spaces: 12
Features
- Frontage type: South
- Frontage length: 116.33
Lot
- Size: 0.36 Acres
- Dimensions: 116.33 x 135.06
- Features: Rectangular, Ample Parking, City Lot, Hospital, Library, Open Spaces, Park, Place of Worship, Public Parking, Public Transit, Quiet Area, Schools
Details
- Parcel number: 640990002
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick
- Foundation: Concrete Block
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Welland
Financial & listing details
- Price per square foot: C$225/sqft
- Annual tax amount: C$24,894
- Date on market: 7/14/2025
- Inclusions: None, 1 Dryer, 12 Electric Stoves, 12 Refrigerators, 1 Washer
- Exclusions: Tenants Belongings
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