27 Park Street Welland, Ontario L3B 4M3
$599,999
Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside. (id:61910)
Property Details
| MLS® Number | X14170588 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| Amenities Near By | Public Transit, Place Of Worship, Park, Schools |
| Parking Space Total | 6 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | All |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | None |
| Exterior Finish | Stucco |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit, Place Of Worship, Park, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 145 Ft ,6 In |
| Size Frontage | 58 Ft |
| Size Irregular | 58 X 145.5 Ft |
| Size Total Text | 58 X 145.5 Ft |
| Zoning Description | Rl2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Office | 3 m | 3.38 m | 3 m x 3.38 m |
| Second Level | Bathroom | 2.44 m | 1.52 m | 2.44 m x 1.52 m |
| Second Level | Kitchen | 4.32 m | 4.42 m | 4.32 m x 4.42 m |
| Second Level | Living Room | 4.45 m | 3.38 m | 4.45 m x 3.38 m |
| Second Level | Primary Bedroom | 3.66 m | 5.08 m | 3.66 m x 5.08 m |
| Second Level | Bedroom | 4.22 m | 3.28 m | 4.22 m x 3.28 m |
| Second Level | Bedroom | 3.66 m | 3.33 m | 3.66 m x 3.33 m |
| Main Level | Kitchen | 4.29 m | 2.24 m | 4.29 m x 2.24 m |
| Main Level | Kitchen | 2.77 m | 3.05 m | 2.77 m x 3.05 m |
| Main Level | Living Room | 2.46 m | 3.45 m | 2.46 m x 3.45 m |
| Main Level | Primary Bedroom | 2.74 m | 4.37 m | 2.74 m x 4.37 m |
| Main Level | Bedroom | 2.01 m | 3.35 m | 2.01 m x 3.35 m |
| Main Level | Bathroom | 2.92 m | 1.35 m | 2.92 m x 1.35 m |
| Main Level | Living Room | 4.29 m | 2.31 m | 4.29 m x 2.31 m |
| Main Level | Primary Bedroom | 3.3 m | 4.06 m | 3.3 m x 4.06 m |
| Main Level | Bedroom | 3.3 m | 3.56 m | 3.3 m x 3.56 m |
| Main Level | Bathroom | 3.15 m | 1.55 m | 3.15 m x 1.55 m |
Contact Us
Contact us for more information
Kayla Smith
Salesperson
214 King Street #mainb
St. Catharines, Ontario L2V 1W9
(905) 545-1188
remaxescarpment.com/
Cory Froc
Salesperson
www.instagram.com/coryfrocinvestments/
214 King Street
St. Catharines, Ontario L2V 1W9
(905) 545-1188
remaxescarpment.com/
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November 11 2026 04:53:40
Niagara Association of REALTORS®
RE/MAX Escarpment Realty Inc., Brokerage