35 Aqueduct Street
769 - Prince Charles, Welland, L3C 1B7
FOR SALE
$1,200,000

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8 + 2
BEDROOMS6
BATHROOMS4 + 2
KITCHENS16 + 6
ROOMSX12430699
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Property Description
Turn key purpose built 3 level 6 unit building with separate hydro meters. Located in sought after investment area in west Welland. Four 2 bedroom units above grade plus two 1 bedrooms in basement with large windows. Good maintenance and upgrade history including all vinyl windows, building & garage shingles, gas fired boiler, hot water tank, all electric panels updated to breaker panels for each unit, complete fire alarm system. 3 apartments have newer Bath Fitter units. Excellent reliable tenant history allowing for continued financial growth.
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Property Features
Hospital, Public Transit, Rec./Commun.Centre, School Bus Route, School, Separate Hydro Meter, Water Heater Owned, Carpet Free, Water Heater, Water Meter, Private, Carbon Monoxide Detectors, Smoke Detector
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Property Details
Address
35 Aqueduct Street
Community
City
Postal Code
L3C 1B7
Property Type
Multiplex, Multiplex
Days On Market
176
Zoning
RL2
Lot Size
99' x 99'
Acreage
0.2 Feet
Taxes
$6,180 (2025
Basement
Full, Finished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
7
Garage Type
Detached
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Listing contracted with Royal Lepage Nrc Realty
Legally registered 5-plex (4 active) with former basement unit offering potential for 2 new suites - envision up to 6 units in total ~ OR ~ put up a brand new 32-Unit building! Fantastic opportunity in one of Welland's most promising growth corridors. This well-maintained building sits on an oversized 63' x 190' lot, zoned RL2 & RM, just steps from the Welland Canal, Merritt Island Park, and close to major amenities including Welland Hospital and Niagara College. The property features 4 spacious 2-Bed 1-Bath apts., (each approx. 800 sq.ft) 5 parking spaces, high basement ceiling with a 5th 4-pc bath and potential for 2 additional apartments, and strong long-term value. A planner-commissioned concept sketch outlines a 32-unit redevelopment vision for the site. The area also presents potential for future land assembly, offering added scale for developers exploring larger residential intensification projects. Ideal for investors, developers, or those seeking a well-located income property with long-term upside. Conceptual plans were prepared by a third party and have not been submitted to the City.
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