123 Dain Avenue

FOR SALE
$674,900
123 Dain Avenue, Welland
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
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5 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
11 + 4
ROOMS
X13129898
MLSID
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Property Description
Fully tenanted triplex, turnkey, with immediate cashflow available and 7.32% cap rate. This is an excellent investment opportunity with 3 newly renovated units in great condition with great tenants, paying current market rent. Over $100K in renovations completed at the property, with a newly finished basement, new kitchens, appliances, windows, hot water tank, and more. No expenses spared to create and sustain this well-operating multi-unit property. Each unit is equipped with a full kitchen and appliances (fridge and stove) all newly renovated within the last 5yrs. Each unit has their own laundry appliances - great value add for tenants. Two separate backyards - Main floor tenant enjoys fully fenced yard with a private back deck and garden shed. Upper tenant enjoys their own separate fully fenced yard with a garden shed. 4 parking spots available on the driveway. Basement is fully waterproofed under warranty & new main drain. 3 Separate Hydro Meters with Separate Breaker Panels. 2 Hot Water Tanks. 2 Furnaces. Tenants paying all utilities except water. Excellent location, walking distance to shops, restaurants, library, schools, parks, gym, and more. Public transit stop nearby. School bus route as well. This property checks all the boxes for investors & tenants. Start earning income and watch your asset appreciate in value without lifting a finger, the work has already been completed. Incomes, expenses, leases, and full property details available.
Sold History
List Date Sold Date Days Listed List Price Sold Price
2022-11-11 2022-11-16 5 $499,000 $540,000
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School, In-Law Suite, Primary Bedroom - Main Floor, Sump Pump, Separate Heating Controls, Water Heater Owned, Private
Property Details
Address
123 Dain Avenue
Postal Code
L3B 3E5
Property Type
Duplex, Duplex
Days On Market
11
Zoning
RL2
Lot Size
40' x 119'
Taxes
$2,605 (2025
Basement
Full, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
Listing contracted with Coldwell Banker Advantage Real Estate Inc, Brokerage
22 Lyons Avenue, Welland
4+2
BEDS
3
BATHS
$629,900
FOR SALE
**View Virtual Tour** This beautiful extensively updated duplex delivers standout curb appeal, timeless finishes, and functional living space, situated on a massive 75 x 100 ft lot with a detached garage and a long driveway with ample parking space, perfect for tenants, families, or hosting gatherings. Fully vacant and freshly updated recently, both units showcase modern design and quality renovations completed in 2020, including updated flooring, kitchens and bathrooms with contemporary cabinetry, sleek countertops, and stylish lighting that create bright, inviting living spaces throughout. Fresh interior and exterior paint enhance the home's appeal and showcase the attention to detail in every room. The primary unit (previously leased for $2750) spans on the main and lower levels, providing a well-proportioned 4 bedroom layout, including 2 bedrooms on the main level and 2 below, with 2 full bathrooms, and separate laundry, an ideal layout for larger families or shared accommodations. The upper level unit (previously leased for $1900)features a bright and spacious 2 bedroom layout with ample natural light and its own private laundry, offering comfort and convenience. Roof changed in 2017. The expansive backyard provides excellent outdoor space with plenty of room for entertaining, gardening, or creating a private retreat. Whether for tenants or personal use, the deep lot adds both lifestyle appeal and future potential. This home delivers versatility, strong rental potential, and long-term value in one compelling package.
78 Price Avenue, Welland
4+2
BEDS
2
BATHS
$650,000
FOR SALE
Excellent North Welland investment opportunity! This fully renovated legal duplex offers strong income potential and flexibility, ideal for investors or those looking to live in one unit while generating rental income from the other. Situated on a generous 60 x 132 ft lot, this solid brick property features two self-contained units with separate hydro meters. The upper unit spans approximately 1,700 sq ft across the main and second floors, offering 4 spacious bedrooms, a 4-piece bathroom, a large living room, separate dining area, and a fully renovated kitchen with granite countertops and stainless steel appliances. In-suite laundry and oversized windows provide added convenience and natural light. The legal basement apartment features a separate entrance and offers approximately 850 sq ft with 2 bedrooms plus a den and 1 bathroom. This recently renovated unit includes vinyl plank flooring, a modern kitchen with stainless steel appliances, in-suite laundry, egress windows, and full fire and sound separation-making it fully compliant and rental-ready. The property also includes a private, fully fenced yard with mature trees, parking for up to 5 vehicles, and a detached double-car garage with new roof and doors-ideal for additional income potential, storage, or a workshop. Located close to downtown Welland, parks, schools, public transit, golf, and highway access, this turn-key duplex is a rare opportunity offering immediate income potential and long-term value.
81 Grove Street, Welland
4+2
BEDS
4
BATHS
$629,900
FOR SALE
Built in 2022! This spacious 2-storey semi offers 6 bedrooms, 4 baths, and a modern open-concept design perfect for family living, investment or multi-generational families. Bright living room open to eat-in kitchen with walkout to backyard, and convenient bedroom-level laundry. A finished lower level provides 2 additional bedrooms, a full bath, and in-suite laundry and kitchen ideal for extended family or guests.Enjoy a private driveway, attached garage, and prime location near downtown with quick highway access, schools, shopping, transit, parks, and trails. This home blends comfort, space, and convenience in a quiet, established neighbourhood.
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