A turnkey, fully tenanted duplex in the heart of downtown Welland. The 2-bedroom units rents for $1,409/month and the 1-bedroom for $1,178/month, both plus hydro and gas, for $31,044 in gross annual rent. Both units are separately metered, so tenants pay their own hydro and gas. Owner costs are just water, taxes and insurance, about $6,777 a year, for a net operating income of roughly $24,267 before vacancy and maintenance. Major items are covered, including a 2024 roof and updated electrical and a 2025 hot water tank in Unit 2. Both units have 100-amp breaker panels with copper wiring, and plumbing is copper, ABS and PEX. The walkable location near the Farmer's Market, shopping, schools and transit keep rental demand steady.
| MLS # | X14145532 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 8 |
| Listing Provided By | RE/MAX NIAGARA REALTY LTD, BROKERAGE | X14145532 322304 |
| SQ Feet | 1,314 |
|---|---|
| Acreage | 0.03 |
| Cooling | Partial |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 2556.25 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Niagara |
| City | Welland |
| Postal Code | L3B 4H8 |
| Area | 768 Welland Downtown |
| Listing VS Median (in L3B 4H8) | |
Price: $399,900 low | high Med: $399,900 sqft: 1,314 low | high Med: 1,314 $ / sqft: $304 low | high Med: $304 On site: 8 low | high Med: 8 | |
| Province | ON |
|---|---|
| County | Niagara |
| City | Welland |
| Postal Code | L3B 4H8 |
| Area | 768 Welland Downtown |
| Listing VS Median (in L3B 4H8) | |
Price: $399,900 low | high Med: $399,900 sqft: 1,314 low | high Med: 1,314 $ / sqft: $304 low | high Med: $304 On site: 8 low | high Med: 8 | |