285 McAlpine Avenue S, Welland - $449,900 | Modern Solution

285 McAlpine Avenue S

285 McAlpine Avenue S, Welland

285 McAlpine Avenue S in Welland - 6 bedroom, 4 bathroom. Listed at $449,900.

Investment opportunity in Welland! This triplex features three self-contained residential units, each with its own kitchen and full bathroom. The main floor unit offers 3 bedrooms, 1 full bathroom, and an open-concept kitchen. The rear unit consists of 1 bedroom and 1 full bathroom, while the upper unit features 2 bedrooms, 1 full bathroom. All three units are currently occupied under fixed-term leases until the end of June 2027, providing an existing rental income stream. The partially finished basement features a separate side entrance, a 3-piece bathroom, and a stone fireplace, offering potential for conversion into a fourth residential unit. Notable improvements reported include roof and eavestrough replacement in 2022, a newer 65,000 BTU furnace, updated weeping tile along the west side, and a newer front deck. Additional features include separate hydro meters for each unit, a covered upper-level walkway, a partially roughed-in sunroom or screened porch area, a detached garage, and parking for approximately 3 vehicles. Situated on an approximately 5,425 sq. ft. corner lot with roughly 60 feet of frontage. An income-producing property with potential for additional rental capacity.

Property Details

  • Property Type: Mortgage
  • Style: Bungalow-Raised
  • Square Footage: 2250 sqft
  • Basement: Full
  • Heating: Gas
  • Cooling: Wall Unit(s)
  • Parking: 4 spaces
  • Property Taxes: $3,233/yr
  • Neighbourhood: 773 - Lincoln/Crowland
  • Postal Code: L3B 1V1

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