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Nick Soloviov

nick@nick.realtor +1(647) 767-6116

$ 599,999

Est. payment -/mo

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27 Park ST Welland, ON L3B 4M3

7 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 768 - Welland Downtown

MLS Listing ID X14170588

Style 2-Storey

Bedrooms 7

Annual Tax Amount $2,314

Tax Year 2025

Property Sub-Type Triplex

Property Description

Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside.

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Partial Basement, Unfinished

Kitchen 3

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 58.04

Lot Depth 145.51

Total Parking Spaces 6

Building

Building Age 100+

Unit Features Public Transit,Place Of Worship,Park,School

Foundation Concrete

Others

ParcelsYN No

Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE

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Nick Soloviov

Real Estate Agent - Landpower Real Estate LTD. RECO 5013486

+1(647) 767-6116

nick@nick.realtor

onlinelistings.homes/

3621 Hwy 7 #403, Markham, ON L3R 0G6, CAN

Nick Soloviov

27 Park ST Welland, ON L3B 4M3

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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27 Park ST