1075 Ontario Road, Welland - Sold for $740,000 | Modern Solution Realty

1075 Ontario Road, Welland

1075 Ontario Road in Welland - 7 bedroom, 4 bathroom. Sold for $740,000. Listed at $750,000.

Cash-producing triplex opportunity at 1075 Ontario Road, offering an approx. 6.15% cap rate, solid tenants, one 3-bedroom unit and two 2-bedroom units. This property is a great opportunity to start your investment portfolio or add to an existing one, with 6-car parking and recent upgrades including new electrical and plumbing, a second-storey roof approximately 3 years old, hot water heating, and mini-split systems approximately 5 years old, with the 1075 system completed approximately 3 years ago. A straightforward income-producing property with key improvements already completed and tenants in place - don't miss out!

Property Details

  • Property Type: Mortgage
  • Style: Other
  • Square Footage: 1750 sqft
  • Basement: Finished
  • Heating: Electric
  • Cooling: Other
  • Parking: 6 spaces
  • Property Taxes: $3,518/yr
  • Neighbourhood: 773 - Lincoln/Crowland
  • Postal Code: L3B 5E5

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