59 Asher Street
768 - Welland Downtown, Welland, L3B 4J2
FOR SALE
$475,000
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4
BEDROOMS 2
BATHROOMS 2
KITCHENS 10 + 1
ROOMS X13502570
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Property Description
Attention investors and first-time home buyers! Don't miss this fantastic opportunity to own a solid, maintenance-free duplex in a desirable Welland neighbourhood. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers exceptional flexibility and income potential. The main floor unit features 2 bedrooms, a bright living room, kitchen, and a 4-piece bathroom, with the possibility of converting the living room into a third bedroom for added value. This unit also includes access to the unfinished basement, complete with laundry, a 100-amp electrical service, and plenty of storage space. The main floor is currently tenanted until September 30, 2026, providing an excellent opportunity for owner occupancy or to secure a new tenant at current market rents on closing! The upper unit offers 2 bedrooms, a spacious eat-in kitchen, a 4-piece bathroom, and its own 100-amp sub-panel. The upper tenant is happy to stay, providing immediate rental income from day one. Separate Hydro Meters. Plumbing updated in 2024/2025. Conveniently located close to public transit, grocery stores, restaurants, schools, parks, and other everyday amenities, this is a turnkey investment opportunity with excellent long-term potential. Whether you're an experienced investor or taking your first step into homeownership, this duplex is one you won't want to miss!
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2025-07-16 | 2025-07-31 | 15 | $379,900 | $370,000 |
Property Features
Public Transit, School Bus Route, Place Of Worship, Other, Primary Bedroom - Main Floor, Water Heater Owned, Other, Separate Hydro Meter
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Property Details
Address
59 Asher Street
Community
City
Postal Code
L3B 4J2
Property Type
Duplex, Duplex
Lot Size
30' x 90'
Taxes
$2,140 (2026
Basement
Unfinished, Full
Exterior
Porch Enclosed
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Coldwell Banker Momentum Realty, Brokerage
Duplex with spacious backyard - Ideal investment or owner-occupied opportunity! Discover this well-maintained duplex, perfectly located close to everyday conveniences. Each newly renovated unit features two bedrooms, one full bathroom, a comfortable living room with plenty of natural light and a spacious eat-in kitchen. Separate entrances and utilities for privacy and convenience. Close to amenities - schools, shopping, restaurants and public transit, just minutes away. Ideal for investors: rent both units for consistent income or owner occupants: live in one unit and rent the other.
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478 East Main Street offers a practical opportunity for investors, owner-occupants, or buyers looking for flexible space in a central Welland location. This approximately 2,000 sq. ft. up/down duplex features a spacious 1-bedroom main-floor unit and a renovated 2-bedroom upper unit, which is currently vacant and ready for its next use. With separate entrances and separate hydro meters, the layout provides clear separation between the two units and supports a variety of ownership options. The property also includes a private rear patio, parking for approximately 3-4 vehicles, and a roof updated in 2020. Located along East Main Street, this address offers convenient access to downtown Welland, shopping, restaurants, everyday amenities, the Welland Canal, Niagara College, and commuter routes throughout Niagara. A functional, well-positioned property with income potential, flexibility, and strong long-term value.
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Attention investors and savvy buyers! This separate metered duplex in the heart of downtown Welland offers strong rental income and excellent long-term potential. Ideally located just steps to the Welland Farmers' Market, restaurants, shopping, parks, schools and public transit, this property combines convenience with cash flow. The front unit features 2 spacious bedrooms and rents for $1,409/month, while the rear unit offers 1 bedroom plus a den/home office and rents for $1,178/month, generating a gross annual income of $31,044. Based on the current income and operating expenses, the property offers an approximate 5.4% cap rate. Separate hydro and gas meters help reduce operating expenses, making this an attractive investment. The unfinished basement provides laundry and additional storage space. Situated on a 33 x 132 ft lot, the front tenant enjoys exclusive use of the covered front porch while the rear tenant has access to the private backyard. Whether you're looking to expand your investment portfolio, live in one unit while offsetting your mortgage with rental income, or add a duplex to your holdings, this property is an opportunity you won't want to miss. Approximate cap rate is based on current rental income and annual operating expenses as provided by the Seller.
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When it's time to bring your family together, this great duplex allows everyone to live above grade, while still offering you additional space in the basement and detached garage. Large eat in kitchens to accommodate everyone. Porches to relax on and on a well sized lot. This is ideal to move into one unit for yourself and have your extended family in their own unit. Finally, you can all come together under one roof, but still be separate.Both units are currently tenanted.
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Welcome to 51 Plymouth Road in the heart of Welland! This versatile property features two self-contained two-bedroom units with separate hydro meters, offering the flexibility to be used as one spacious four-bedroom, two-bath home or as two separate units with excellent income potential. Both units offer bright, functional living spaces, ample parking, generous storage, and a spacious yard. Recent updates include leveling and insulating the front room with new doors, flooring, and roofing, new shingles on the lower roof (main roof approximately 10 years old), fresh paint throughout, hydro added to the backyard shed and refrigerated storage unit, a new fridge and dishwasher in the upper unit, and a newer stove in the lower unit. The refrigerated storage unit also features custom-built shelving for exceptional storage. Conveniently located close to schools, parks, shopping, transit, and major routes, this property is ideal for homeowners, investors, or multi-generational families. A rare opportunity to own a flexible, income-producing property in a growing community!
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