101 Niagara Street Welland, Ontario L3C 1J4
$619,900
Located in the beautiful city of Welland, this fully tenanted property presents an exceptional cash flow-positive investment. With tenants already in place paying competitive rents, the property is currently grossing $62,400 annually and is being offered at an approximate 7% cap rate. Conveniently situated near a wide range of amenities, including restaurants, Chippawa Park, shopping centers, schools, and public transportation, this property has much to offer. Don't miss out on the chance to add this well-located, income-generating asset to your portfolio! (id:60365)
Property Details
| MLS® Number | X12058582 |
| Property Type | Multi-family |
| Community Name | 769 - Prince Charles |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 5 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 6 |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 92 Ft ,8 In |
| SizeFrontage | 56 Ft ,3 In |
| SizeIrregular | 56.3 X 92.7 Ft |
| SizeTotalText | 56.3 X 92.7 Ft |
Devin Joseph Cullen
Salesperson
17035 Yonge St. Suite 100
Newmarket, Ontario L3Y 5Y1
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 16 2025 04:39:34
Toronto Real Estate Board
Century 21 Heritage Group Ltd.
© 2025 Proptech Realty Inc., Brokerage.