23 Avenue Place Welland (Welland Downtown), Ontario L3B 4B2
$599,000
Exceptional Investment Opportunity in the Heart of Welland. Situated in a prime location at 23 Avenue Place, this Legal Triplex is zoned DMC (Downtown Mixed Use Commercial) and it is fully vacant, offering flexible potential for both residential and commercial use. Located just steps from the vibrant Welland Farmers' Market, Merritt Island Park, the Welland River, and the city's revitalized downtown core, this charming turn-of-the-century home is ideally located for convenience and lifestyle. Public transit, shopping, dining, and essential amenities are all within easy walking distance. This character-filled residence presents an excellent opportunity for investors or first-time home buyers. Live in one unit while generating rental income from the others, or co-purchase with a partner to build equity together. The home has been well maintained and retains much of its original charm, while offering updated functionality. This is a unique opportunity to own a versatile property in a growing community known for its historic charm, scenic waterways, and strong sense of community. Dont miss out on this compelling investment in the heart of Welland. (id:40227)
Property Details
| MLS® Number | X12164718 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Stove, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 2500 - 3000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 70 Ft |
| SizeFrontage | 40 Ft |
| SizeIrregular | 40 X 70 Ft |
| SizeTotalText | 40 X 70 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 4 | 3.4 m | 3.6 m | 3.4 m x 3.6 m |
| Second Level | Bedroom 5 | 3.28 m | 3.61 m | 3.28 m x 3.61 m |
| Second Level | Bathroom | 1.64 m | 2.03 m | 1.64 m x 2.03 m |
| Second Level | Sunroom | 3.19 m | 2.12 m | 3.19 m x 2.12 m |
| Second Level | Living Room | 3.91 m | 3.18 m | 3.91 m x 3.18 m |
| Second Level | Kitchen | 2.8 m | 1.84 m | 2.8 m x 1.84 m |
| Second Level | Bedroom 3 | 3.23 m | 4.33 m | 3.23 m x 4.33 m |
| Third Level | Kitchen | 3.63 m | 2.1 m | 3.63 m x 2.1 m |
| Third Level | Bathroom | 2.28 m | 2.22 m | 2.28 m x 2.22 m |
| Third Level | Loft | 4.06 m | 6.71 m | 4.06 m x 6.71 m |
| Ground Level | Living Room | 4.08 m | 4.39 m | 4.08 m x 4.39 m |
| Ground Level | Dining Room | 4.44 m | 4.01 m | 4.44 m x 4.01 m |
| Ground Level | Kitchen | 4.18 m | 2.9 m | 4.18 m x 2.9 m |
| Ground Level | Bedroom | 3.3 m | 3.87 m | 3.3 m x 3.87 m |
| Ground Level | Bedroom 2 | 2.36 m | 3.91 m | 2.36 m x 3.91 m |
| Ground Level | Bathroom | 1 m | 3.9 m | 1 m x 3.9 m |
| Ground Level | Sunroom | 3.82 m | 2.25 m | 3.82 m x 2.25 m |
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775 Upper Wentworth St
Hamilton, Ontario L9A 4V7
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May 22 2025 01:59:21
Niagara Association of REALTORS®
Coldwell Banker Community Professionals