87 Ontario Road, Welland
87 Ontario Road in Welland - 5 bedroom, 3 bathroom. Sold for $586,000. Listed at $624,900.
**Attention Investors** Fully renovated legal triplex in the heart of Welland, perfectly positioned amidst ongoing residential and commercial development. The property offers impressive rental income with over 55,000 annually. Each unit is equipped with separate meters for heat and hydro, ensuring hassle-free management and utility accountability for tenants. Strategically located, this triplex is in close proximity to essential amenities, making it highly attractive to prospective renters. The surrounding area is bustling with development, indicating promising growth and future value appreciation. Seize this incredible investment opportunity and secure a steady income stream with this well-situated, turnkey property.
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 1750 sqft
- Basement: Unfinished
- Heating: Electric
- Cooling: Wall Unit(s)
- Parking: 3 spaces
- Property Taxes: $3,882.24/yr
- Neighbourhood: 773 - Lincoln/Crowland
- Postal Code: L3B 5C3
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