314 Broadway Avenue A Welland, Ontario L3C 5L9

3 Bedroom 2 Bathroom 1,502 sqft
Central Air Conditioning Forced Air

$494,900

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! (id:49269)

Property Details

MLS® Number 40844483
Property Type Multi-family
Amenities Near By Hospital, Place Of Worship, Public Transit, Schools, Shopping
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Total 3
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,502 Sqft
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 36 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rl2

https://www.realtor.ca/real-estate/29980558/314-broadway-avenue-a-welland

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