428 Thorold Road Welland, Ontario L3C 3W6
$679,900
Turnkey Legal Triplex In The Heart Of Welland Offering Strong, Reliable Income And Exceptional Future Potential. Situated On A Rare 60 X 153 Ft Corner Lot, This Property Provides Ample Outdoor Space And Parking For Up To 10 Vehicles, A Highly Desirable Feature For Tenants And Long-Term Flexibility. This Well-Maintained Building Features Three Self-Contained Units, Each With Its Own Separate Hydro Meter And Private In-Suite Laundry, Allowing Tenants To Pay Their Own Electricity While Sharing Remaining Utilities (Gas And Water) On A Proportionate Basis. A Shared Front Foyer Serves The Main And Upper Units, While The Lower Unit Benefits From A Separate Rear Entrance For Added Privacy. Unit 1 Is Bright And Functional With A Spacious Living Area, Eat-In Kitchen, One Bedroom, Four-Piece Bath, And In-Suite Laundry (Vacant With Estimated Market Rent Of $1,400 + 30% Of Gas And Water). Unit 2 Spans The Main And Second Floor, Offering A Generous Layout With A Large Living Area, Oversized Kitchen With Ample Cabinetry, Two Bedrooms, And A Four-Piece Bath (Tenanted At $1,650 + 40% Of Gas And Water). The Lower Unit Features Two Bedrooms And A Fully Renovated Interior Including A Modern Kitchen, Updated Bathroom, New Flooring, Dedicated Dining Area, Spacious Living Room, And In-Suite Laundry (Vacant With Estimated Market Rent Of $1,575 + 30% Of Gas And Water). Extensive Upgrades Include Full Legalization In 2023 With A 200-Amp Electrical Panel, Upgraded 1-Inch Plumbing, And A Complete Renovation Of The Lower Unit. In 2026, The Upper Unit Was Further Improved With A New Kitchen, Doors, Baseboards, And Fresh Paint Throughout. Ideal For Investors Seeking A Low-Maintenance, High-Performing Asset Or Buyers Looking To Live In One Unit While Generating Significant Rental Income. (id:49269)
Property Details
| MLS® Number | X13055178 |
| Property Type | Multi-family |
| Community Name | 770 - West Welland |
| Features | Irregular Lot Size, Sump Pump |
| Parking Space Total | 10 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 31 To 50 Years |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 152 Ft ,10 In |
| Size Frontage | 60 Ft ,2 In |
| Size Irregular | 60.2 X 152.9 Ft |
| Size Total Text | 60.2 X 152.9 Ft|under 1/2 Acre |
| Zoning Description | Rl1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 4.32 m | 1.93 m | 4.32 m x 1.93 m |
| Second Level | Bedroom 2 | 4.42 m | 3.33 m | 4.42 m x 3.33 m |
| Second Level | Bedroom 3 | 2.79 m | 2.26 m | 2.79 m x 2.26 m |
| Lower Level | Kitchen | 3.89 m | 2.87 m | 3.89 m x 2.87 m |
| Lower Level | Bathroom | 1.91 m | 1.91 m | 1.91 m x 1.91 m |
| Lower Level | Living Room | 5.69 m | 3.96 m | 5.69 m x 3.96 m |
| Lower Level | Bedroom | 3.71 m | 2.24 m | 3.71 m x 2.24 m |
| Lower Level | Bedroom 2 | 3.12 m | 3.61 m | 3.12 m x 3.61 m |
| Main Level | Kitchen | 5.79 m | 4.27 m | 5.79 m x 4.27 m |
| Main Level | Bedroom | 3.35 m | 3.96 m | 3.35 m x 3.96 m |
| Main Level | Bedroom 2 | 2.74 m | 1.83 m | 2.74 m x 1.83 m |
| Main Level | Kitchen | 3.96 m | 2.34 m | 3.96 m x 2.34 m |
| Main Level | Living Room | 4.14 m | 3.48 m | 4.14 m x 3.48 m |
https://www.realtor.ca/real-estate/29669125/428-thorold-road-welland-west-welland-770-west-welland
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April 28 2026 10:14:24
Toronto Regional Real Estate Board
Rock Star Real Estate Inc.