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$589,900
Available - For Sale
Listing ID: X13014710
14 Avenue Place , Welland, L3B 4B1, Niagara
Welcome to 14 Avenue Place in the heart of Welland's evolving downtown core, a turnkey triplex opportunity primed for strong returns. This 1,691 sq ft property features three self-contained units, including two fully renovated one-bedroom suites taken back to the studs, offering modern finishes and the ability to set market rents immediately. With two units delivered vacant, investors have a rare chance to optimise income from day one.This property sits just steps from the Welland Farmers' Market, Merritt Amphitheatre, and the scenic recreational canal with its extensive walking and biking trails. Tenants will appreciate the walkable lifestyle, access to green space, and proximity to transit and downtown amenities.The building includes three kitchens, three bathrooms, and essential appliances, making it a straightforward addition to any portfolio. Whether you are expanding or entering the investment market, this is a strategic acquisition in a rapidly transforming neighbourhood with long-term upside.
Price $589,900
Taxes: $2,985
Occupancy by: Tenant
Address: 14 Avenue Place , Welland, L3B 4B1, Niagara
Acreage: < .50
Directions/Cross Streets: King Street and Avenue Place
Rooms: 12
Bedrooms: 3
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 8.10 14.50
Room 2: Main Kitchen 26.80 10.79
Room 3: Main Bedroom 32.24 9.28
Room 4: Main Bathroom 8.20 5.81
Room 5: Main Living Ro 18.79 7.90
Room 6: Main Kitchen 18.79 6.10
Room 7: Main Bedroom 7.31 5.71
Room 8: Main Bathroom 9.28 10.30
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Property Type: Triplex
Style: 1 Storey/Apt
Exterior: Aluminum Siding
Brick
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Hospital
Lake/Pond
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT GOLFI REALTY INC.

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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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