For Sale - 285 McAlpine Avenue, Welland, Ontario

Est payment $2,160/mo
Views   2
Time on Jump  1 days
  • Triplex with three self-contained units, each with a kitchen and full bathroom.
  • Three units are occupied under fixed-term leases through June 2027.
  • Partially finished basement has a separate entrance, bathroom, and potential for another unit.
  • Updates include 2022 roof and eavestroughs, newer furnace, and west-side weeping tile.
  • Corner lot includes a detached garage and parking for about three vehicles.



Investment opportunity in welland! This triplex features three self-contained residential units, each with its own kitchen and full bathroom. The main floor unit offers 3 bedrooms, 1 full bathroom, and an open-concept kitchen. The rear unit consists of 1 bedroom and 1 full bathroom, while the upper unit features 2 bedrooms, 1 full bathroom. All three units are currently occupied under fixed-term leases until the end of june 2027, providing an existing rental income stream. The partially finished basement features a separate side entrance, a 3-piece bathroom, and a stone fireplace, offering potential for conversion into a fourth residential unit. Notable improvements reported include roof and eavestrough replacement in 2022, a newer 65,000 btu furnace, updated weeping tile along the west side, and a newer front deck. Additional features include separate hydro meters for each unit, a covered upper-level walkway, a partially roughed-in sunroom or screened porch area, a detached garage, and parking for approximately 3 vehicles. Situated on an approximately 5,425 sq. Ft. Corner lot with roughly 60 feet of frontage. An income-producing property with potential for additional rental capacity.
Listing IDX14153772
Address285 McAlpine Avenue
CityWelland, Ontario
Price$449,900
Bed / Bath6 / 4 Full
StyleBungalow-Raised, Detached
ConstructionMetal/Steel Siding, Aluminum Siding
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Water HeaterOwnership FreeholdWaterfront NoneBasement FullFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Brokerage: KING REALTY INC.

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285 Mcalpine Avenue
Welland , Ontario
6 4 $449,900
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