About this property

Extremely well maintained, solid 4 unit property. This property has tons of upside potential. Fully tenanted with long term tenants. Due to long term tenants, some rents are below market value. This property features four 2 bedroom apartments in great condition. Every apartment has had a completely renovated 4-piece bath. All units are separately metered but owner currently pays hydro. Vinyl windows updated approx 2005. Roof shingles replaced approx 2010 as well as all vinyl siding. New hot water boiler 2021. New appliances in all units. This property zoned RM which offers great potential allowing for additional units to be added on to existing building or also allowing for townhouse, condo tower or apartment building. This building currently sits on a large lot and has parking for 8 cars. Possible potential for severance.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X12050329
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	3,000 sq ft
Lot Size	3,240 sq ft
Beds / Baths	8 bed · 4 bath
City	Welland
Postal Code	L3B 1Z5
Province	ON
Listed Date	March 4, 2026
Brokerage	RE/MAX NIAGARA REALTY LTD, BROKERAGE