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    For Sale - 53-55 Huron Street, Welland, Ontario

    Est payment $6,002/mo
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    Time on Jump  1 days

    AI Summary *

    • Brand-new legal 4-plex with four self-contained units and over 4,000 square feet of finished space.
    • Fully leased property generating over $90,000 in gross annual rent.
    • Upper units include three bedrooms, attached garages, flexible living space, and in-suite laundry.
    • Lower units feature private deck access, full kitchens, and in-suite laundry.
    • Near the recreational canal, parks, schools, and highways.




    Rare opportunity to own a brand-new, fully leased legal 4-plex in welland's growing dain city neighbourhood. Built as two side-by-side semi-detached buildings, 53-55 huron street offers over 4000+ square ft. Of finished space across four self-contained units, with all fire separations and ratings built to code. Each side has a spacious 1,480 sq ft three-storey upper unit and a 715 sq ft lower unit. The upper units have an attached garage plus driveway parking, an open-concept kitchen, dining and living area, a separate rec and flex room, three bedrooms (two with walk-in closets), a main bath with double vanity, and in-suite laundry. The lower units span the main and lower floors, with an open living and dining area, a full kitchen, walkout access to a private deck, a bedroom, a 3-piece bath and in-suite laundry. Each unit has its own hydro panel, hot water tank and heating and cooling (heat pumps in the lower units), and there are no rental contracts on the equipment. Tenants pay their own hydro, there are no gas costs, and water is billed back to tenants each month. As a new build, maintenance costs are minimal. The property is fully leased, bringing in over $90,000 in gross annual rent. It sits on a 40 x 125 ft lot close to the welland recreational canal, parks, schools and quick access to hwy 406 and 140. A turnkey, low-maintenance investment in a high-demand rental market.
    Listing IDX14172000
    Address53-55 Huron Street
    CityWelland, Ontario
    Price$1,250,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Public TransitHeating / Cooling Electric Forced Air

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    Listing Brokerage: RE/MAX NIAGARA REALTY LTD, 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.

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    53-55 Huron Street
    Welland , Ontario
    $1,250,000
    Get more info