27 Park Street
768 - Welland Downtown, Welland, L3B 4M3
For Sale
6.44 BTC
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7
BEDROOMS 3
BATHROOMS 3
KITCHENS 17
ROOMS X14170588
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Property Description
Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside.
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Property Features
Public Transit, Place Of Worship, Park, School, Separate Hydro Meter, Private Double
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Property Details
Property Type
Triplex
Lot Size
58' x 146'
Taxes
$2,314 (2025)
Basement
Partial Basement, Unfinished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
4
Garage Type
Detached
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Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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