New Listing
285 Mcalpine Avenue S,Welland, ON L3B 1V1
Welland, ON L3B 1V1
Description
Investment opportunity in Welland! This triplex features three self-contained residential units, each with its own kitchen and full bathroom. The main floor unit offers 3 bedrooms, 1 full bathroom, and an open-concept kitchen. The rear unit consists of 1 bedroom and 1 full bathroom, while the upper unit features 2 bedrooms, 1 full bathroom. All three units are currently occupied under fixed-term leases until the end of June 2027, providing an existing rental income stream. The partially finished basement features a separate side entrance, a 3-piece bathroom, and a stone fireplace, offering potential for conversion into a fourth residential unit. Notable improvements reported include roof and eavestrough replacement in 2022, a newer 65,000 BTU furnace, updated weeping tile along the west side, and a newer front deck. Additional features include separate hydro meters for each unit, a covered upper-level walkway, a partially roughed-in sunroom or screened porch area, a detached garage, and parking for approximately 3 vehicles. Situated on an approximately 5,425 sq. ft. corner lot with roughly 60 feet of frontage. An income-producing property with potential for additional rental capacity.
Details
| MLS # | X14153772 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 6 |
| Listing Provided By | KING REALTY INC. | X14153772 214103 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.12 |
| Water Front | None |
Interior
| Interior Features | Water Heater |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete Block |
| Construction Materials | Metal/Steel Siding, Aluminum Siding |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3233 |
|---|---|
| Tax Legal Description | PT LTS 866 & 867 PL 960 AS IN RO564561 ; WELLAND |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Niagara |
| City | Welland |
| Postal Code | L3B 1V1 |
| Area | 773 Lincoln | Crowland |
| Listing VS Median (in L3B 1V1) | |
Price: $449,900 low | high Med: $0 On site: 6 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Welland |
| Postal Code | L3B 1V1 |
| Area | 773 Lincoln | Crowland |
| Listing VS Median (in L3B 1V1) | |
Price: $449,900 low | high Med: $0 On site: 6 low | high Med: | |
