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23 Avenue Place Welland, Ontario L3B 4B2

5 Bedroom 3 Bathroom 2821 sqft
None

$599,000

Exceptional Investment Opportunity in the Heart of Welland. Situated in a prime location at 23 Avenue Place, this Legal Triplex is zoned DMC (Downtown Mixed Use Commercial) and it is fully vacant, offering flexible potential for both residential and commercial use. Located just steps from the vibrant Welland Farmers' Market, Merritt Island Park, the Welland River, and the city’s revitalized downtown core, this charming turn-of-the-century home is ideally located for convenience and lifestyle. Public transit, shopping, dining, and essential amenities are all within easy walking distance. This character-filled residence presents an excellent opportunity for investors or first-time home buyers. Live in one unit while generating rental income from the others, or co-purchase with a partner to build equity together. The home has been well maintained and retains much of its original charm, while offering updated functionality. This is a unique opportunity to own a versatile property in a growing community known for its historic charm, scenic waterways, and strong sense of community. Don’t miss out on this compelling investment in the heart of Welland. (id:49269)

Property Details

MLS® Number 40730627
Property Type Multi-family
AmenitiesNearBy Hospital, Marina, Park, Public Transit, Schools
EquipmentType Water Heater
Features Laundry- Coin Operated
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsTotal 5
BasementDevelopment Unfinished
BasementType Full (unfinished)
CoolingType None
ExteriorFinish Brick, Vinyl Siding
FoundationType Block
StoriesTotal 3
SizeInterior 2821 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital, Marina, Park, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 70 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Dmc

https://www.realtor.ca/real-estate/28344721/23-avenue-place-welland

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