About this property

Unique Legal Triplex WITH 6.67% CAP RATE in Sought-After Prince Charles Neighbourhood - Live In or Invest! A rare opportunity in the heart of West-End Welland! This beautifully maintained legal side-split triplex sits on an expansive 80 x 118 lot and offers flexibility for homeowners and investors alike. With two fully renovated units (2023) already occupied by excellent tenants, and a vacant STUNNING main-floor unit, you can choose to move in yourself or secure another tenant to complete this high-performing income property. Currently professionally managed, the property can continue under management or be handed over to new ownership with ease. The spacious fenced backyard is thoughtfully divided to provide separate outdoor spaces and features an above-ground pool, a rare bonus for tenant and owner enjoyment. Located just a 10-minute walk to Chippawa Park, offering a wealth of outdoor amenities including a splash pad, ball diamond, volleyball courts, playground, botanical gardens, and more - this location is as family-friendly as it is investment-savvy. Whether you're looking to live in one unit and rent the rest, or fully lease all three, this property is a turnkey opportunity with an attractive cap rate and strong rental potential for years to come. HIGHLIGHTS : *Legal triplex with side-split layout *Two units with quality tenants *Vacant main-floor unit live-in or rent out *Fully fenced yard with above-ground pool * Located in desirable Prince Charles neighbourhood *Close to schools, parks, shopping & transit *Professionally managed optional continuation. Don't miss this exceptional investment in a quiet, established community!

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X12060230
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	1,500 sq ft
Beds / Baths	5 bed · 3 bath
Neighbourhood	769 - Prince Charles
City	Welland
Postal Code	L3C 2R6
Province	ON
Listed Date	April 3, 2025
Brokerage	Century 21 Miller Real Estate Ltd.