14 Avenue Place
768 - Welland Downtown, Welland, L3B 4B1
FOR SALE
$589,900
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Property Description
Welcome to 14 Avenue Place in the heart of Welland's evolving downtown core, a turnkey triplex opportunity primed for strong returns. This 1,691 sq ft property features three self-contained units, including two fully renovated one-bedroom suites taken back to the studs, offering modern finishes and the ability to set market rents immediately. With two units delivered vacant, investors have a rare chance to optimise income from day one.This property sits just steps from the Welland Farmers' Market, Merritt Amphitheatre, and the scenic recreational canal with its extensive walking and biking trails. Tenants will appreciate the walkable lifestyle, access to green space, and proximity to transit and downtown amenities.The building includes three kitchens, three bathrooms, and essential appliances, making it a straightforward addition to any portfolio. Whether you are expanding or entering the investment market, this is a strategic acquisition in a rapidly transforming neighbourhood with long-term upside.
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Property Features
Hospital, Lake/Pond, Park, Place Of Worship, Public Transit, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter
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Property Details
Address
14 Avenue Place
Community
City
Postal Code
L3B 4B1
Property Type
Triplex, Triplex
Zoning
DMC
Lot Size
40' x 56'
Taxes
$2,985 (2025
Basement
None
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Garage Type
None
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Listing contracted with Re/Max Escarpment Golfi Realty Inc.
LEGAL TRIPLEX - FULLY RENOVATED & TURNKEY INVESTMENT OPPORTUNITY. Welcome to 27 Lasalle Street, a well-maintained and professionally updated triplex offering three self-contained 1-bedroom, 1-bathroom units. Each unit features a functional layout, in-suite laundry, separate entrances, and dedicated parking, providing strong appeal to quality tenants. All units are currently tenanted at market rents, with tenants paying hydro and a portion of water, creating a stable and predictable income stream from day one. Additional features include ductless heating and cooling systems in each unit and a roof in excellent condition, contributing to operational efficiency and tenant comfort. Located in a highly accessible area of Welland, the property is within close proximity to parks, schools, Niagara College Welland Campus, shopping, restaurants, and the Welland Canal Parkway. East Main Street amenities are just a short walk away, with quick access to Seaway Mall and Highway 406. Port Colborne is approximately a 12-minute drive.An ideal opportunity for investors seeking a clean, stabilized multi-residential asset in a growing market.
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