27 Park Street

27 Park Street in Welland - 7 bedroom, 3 bathroom. Listed at $599,999.

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.

Property Details

Property Type: Mortgage
Style: 2-Storey
Square Footage: 2250 sqft
Basement: Partial Basement
Heating: Electric
Cooling: None
Parking: 6 spaces
Property Taxes: $2,314/yr
Neighbourhood: 768 - Welland Downtown
Postal Code: L3B 4M3

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