123 Dain Ave More Photos

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    For Sale - 123 Dain Avenue, Welland, Ontario

    Est payment $3,241/mo
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    Time on Jump  2 day

    AI Summary *

    • Fully tenanted triplex providing immediate cashflow with a strong cap rate.
    • Recently renovated units with modern kitchens, appliances, and dedicated laundry.
    • Two separate fenced backyards enhancing tenant privacy and outdoor space.
    • Excellent location near shops, schools, parks, and public transit options.
    • Well-maintained property with minimal maintenance required after extensive renovations.




    Fully tenanted triplex, turnkey, with immediate cashflow available and 7. 32% cap rate. This is an excellent investment opportunity with 3 newly renovated units in great condition with great tenants, paying current market rent. Over $100k in renovations completed at the property, with a newly finished basement, new kitchens, appliances, windows, hot water tank, and more. No expenses spared to create and sustain this well-operating multi-unit property. Each unit is equipped with a full kitchen and appliances (fridge and stove) all newly renovated within the last 5yrs. Each unit has their own laundry appliances - great value add for tenants. Two separate backyards - main floor tenant enjoys fully fenced yard with a private back deck and garden shed. Upper tenant enjoys their own separate fully fenced yard with a garden shed. 4 parking spots available on the driveway. Basement is fully waterproofed under warranty & new main drain. 3 separate hydro meters with separate breaker panels. 2 hot water tanks. 2 furnaces. Tenants paying all utilities except water. Excellent location, walking distance to shops, restaurants, library, schools, parks, gym, and more. Public transit stop nearby. School bus route as well. This property checks all the boxes for investors & tenants. Start earning income and watch your asset appreciate in value without lifting a finger, the work has already been completed. Incomes, expenses, leases, and full property details available.
    Listing IDX13129898
    Address123 Dain Avenue
    CityWelland, Ontario
    Price$674,900
    Bed / Bath6 / 3 Full
    Style2-Storey, Duplex
    ConstructionAluminum Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features In-Law Suite, Primary Bedroom - Main Floor, Sump Pump, Separate Heating Controls, Water Heater OwnedAmenities Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, SchoolOwnership FreeholdBasement Full, Separate EntranceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    123 Dain Avenue
    Welland , Ontario
    6 3 $674,900
    Get more info