87 Ontario Road, Welland, ON Image 1

$624,900

Triplex For Sale
MLS - #X12000196
4 days ago- By COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

87 Ontario Road, Welland, ON L3B 5C3

5 Bed
3 Bath
1500-2000 Sqft.
Detached Garage

Property Description

Property type

Triplex

Lot size

N/A

Style

2-Storey

Approx. Area

1500-2000 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room5.28 x 3.2 mN/AMain
Kitchen3 x 2.13 mN/AMain
Bedroom3.25 x 2.47 mN/AMain
Kitchen2.25 x 4.6 mCombined w/LivingMain

About 87 Ontario Road

**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.

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Unfinished, Partial Basement

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Unfinished, Partial Basement
Cooling:Wall Unit(s)
Heating:Other
Parking Features:Private Double
2
Similar Homes Found
$674,900
Average Price
-7.4%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 87 Ontario Road

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2386.69/ month
$499,920 Principal and Interest

Some information about this property - Ontario Road

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