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Home ON St. Catharines - Niagara Welland Cordage
87 ONTARIO Road
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87 ONTARIO Road $624,900
Sold 19 days ago
Price Unavailable
Listed For
$624,900
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87 ONTARIO Road
Welland, Ontario L3B5C3

Sold Price: Price Unavailable

MLS® Number: 40703453
5
Bedrooms
3
Bathrooms
1938
Square Feet

Listing Description

**Attention Investors** Fully renovated legal triplex in the heart of Welland, perfectly positioned amidst ongoing residential and commercial development. The property offers impressive rental income with over 55,000 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. (68682672)

Location Description

King Street to Ontario Road

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1938 sqft
Subdivision Name
773 - Lincoln/Crowland
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$3,882.24
Parking Type
Detached Garage
Sold Date
04/04/2025

Building

Bathrooms
Total
3
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Features
Sump Pump
Foundation Type
Poured Concrete
Rental Equipment
Water Heater
Total Units
3
Heating & Cooling
Cooling
Wall unit
Heating Type
(Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Amenities Nearby
Hospital, Park, Public Transit, Schools
Parking
Parking Type
Detached Garage
Total Parking Spaces
3

Measurements

Square Footage
1938 sqft
Above Grade Finished
1938 sqft
Source: Other

Land

Lot Features
Frontage
36 ft
Land Depth
92 ft
Other Property Information
Zoning Description
INSH
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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