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  • C$586,000

    87 Ontario Rd, Welland, ON L3B 5C3

    5beds
    3baths
    1,938sqft
    Multi-3 Unit, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$302/sqft
    C$-- HOA

    What's special

    **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.

    Zillow last checked: 7 hours ago

    Listing updated: May 25, 2025 at 09:16pm

    Listed by:

    Ryan Dyck, Salesperson,

    COLDWELL BANKER ADVANTAGE REAL ESTATE

    Source: ITSO,MLS®#: 40703453Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: In-Suite
    Features
    • Separate Heating Controls
    • Basement: Partial,Unfinished,Sump Pump
    • Has fireplace: No
    Interior area
    • Total structure area: 1,938
    • Total interior livable area: 1,938 sqft
    • Finished area above ground: 1,938

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached Garage, Private Drive Double Wide
    • Garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Frontage type: North
    • Frontage length: 36.00
    Lot
    • Size: 3,326 sqft
    • Dimensions: 36 x 92.4
    • Features: Hospital, Library, Park, Public Transit, Schools
    Details
    • Parcel number: 641220164
    • Zoning: INSH

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi-3 Unit, Multi Family
    Materials
    • Brick, Vinyl Siding
    • Foundation: Poured Concrete
    • Roof: Asphalt Shing
    Condition
    • 51-99 Years
    • New construction: No

    Utilities & green energy

    • Sewer: Sewer (Municipal)
    • Water: Municipal

    Community & neighborhood

    Location
    • Region: Welland
    Services availability