$624,900 FOR SALE

Triplex 2-Storey

Bedrooms: 5Bathrooms: 3Lot: 36 x 92.4 ft
2024 Taxes: $3,882.24

87 Ontario Rd
Welland, ON L3B 5C3 | Niagara

**Attention Investors** Fully renovated legal triplex in the heart of Welland, perfectly positioned amidst ongoing residential and commercial development. This property offers an impressive potential rental income exceeding $50,000 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.

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Listed By COLDWELL BANKER ADVANTAGE REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8480032
Last Updated Aug 07, 2024
Property Summary
Property Type Triplex

More like this:
PIN 641220164
Legal Description PT LTS 222 & 223 PL 933 AS IN RO707444 CITY OF WEL
Parcel of Tied Land N
Possession Date Immediate
Taxes (2024) $3,882.24
Assessment (2024) $114,000
Directions/Cross Streets Between Steel and King Streets
Area Niagara
Price History
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Detailed Information
Fronting On N
Property Features Hospital, Library, Park, Public Transit, River/Stream, School
Special Designations Unknown
Bedrooms 5
Bathrooms 3
Rooms 12
Kitchens 3
Lot 36 x 92.4 ft
Acreage <.50
Approximate Square Footage 1500-2000
Approximate Age 51-99
Exterior Brick, Vinyl Siding
Air Conditioning Wall Unit
Family Room N
Fireplace/Stove N
Pool None
Basement Part Bsmt, Unfinished
Drive Pvt Double
Garage Spaces 1.0
Garage Type Detached
Parking Spaces 2
Total Parking Spaces 3.0
Heat Source Electric
Heat Type Other
Sewers Sewers
Water Municipal
Zoning INSH
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
LivingMain5.28 m x 3.2 m (17.32 ft x 10.5 ft)
KitchenMain3 m x 2.13 m (9.84 ft x 6.99 ft)
BrMain3.25 m x 2.74 m (10.66 ft x 8.99 ft)
BathroomMain3 Pc Bath
KitchenMain2.25 m x 4.6 m (7.38 ft x 15.09 ft)Combined W/Living
BrMain2.79 m x 3.15 m (9.15 ft x 10.33 ft)
BrMain3.07 m x 2.59 m (10.07 ft x 8.5 ft)
BathroomMain3 Pc Bath
KitchenUpper3.3 m x 5.16 m (10.83 ft x 16.93 ft)Combined W/Living
BrUpper3.56 m x 2.36 m (11.68 ft x 7.74 ft)
BrUpper5.33 m x 3.3 m (17.49 ft x 10.83 ft)
BathroomUpper4 Pc Bath
Bathrooms
Pieces Level
3Main
3Main
4Upper

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