314 Broadway Avenue A, Welland, ON L3C 5L9
314 Broadway Avenue A, Welland, ON L3C 5L9
314 Broadway Avenue A, Welland, ON L3C 5L9
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$449,900
Est. payment /mo
3 Beds
2 Baths
762 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 762 sqft

Price per Sqft $590

MLS Listing ID 40844483

Bedrooms 3

Abv Grd Liv Area 1,502

Annual Tax Amount $2,776

Property Sub-Type Duplex Up/Down

Source Cornerstone

Property Description

Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure—simply start collecting.

The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system.

Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don't miss this rare, stress-free income generator!

Location

Province ON

County Niagara

Area Welland

Zoning RL2

Rooms

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features Accessory Apartment

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 36.42

Garage No

Building

Lot Description Hospital, Place of Worship, Public Parking, Public Transit, Schools, Shopping Nearby

Story 1

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Vinyl Siding

New Construction No

Others

Senior Community false

Tax ID 644390211

Ownership Freehold/None


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Listed by Real Broker Ontario Ltd.

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Isaac Rosebrugh

Isaac Rosebrugh

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