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$585,000

27 LASALLE Street, Welland, Ontario, L3B 4J5

MLS® # 40823674

Welland ON, L3B 4J5

MLS® # 40823674

Property Information:

LEGAL TRIPLEX – FULLY RENOVATED & TURNKEY INVESTMENT OPPORTUNITY. Welcome to 27 Lasalle Street, a well-maintained and professionally updated triplex offering three self-contained 1-bedroom, 1-bathroom units. Each unit features a functional layout, in-suite laundry, separate entrances, and dedicated parking, providing strong appeal to quality tenants. All units are currently tenanted at market rents, with tenants paying hydro and a portion of water, creating a stable and predictable income stream from day one. Additional features include ductless heating and cooling systems in each unit and a roof in excellent condition, contributing to operational efficiency and tenant comfort. Located in a highly accessible area of Welland, the property is within close proximity to parks, schools, Niagara College Welland Campus, shopping, restaurants, and the Welland Canal Parkway. East Main Street amenities are just a short walk away, with quick access to Seaway Mall and Highway 406. Port Colborne is approximately a 12-minute drive.An ideal opportunity for investors seeking a clean, stabilized multi-residential asset in a growing market. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Stone
  • Floor Space: 1636 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type:
  • Appliances: Microwave

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Park, Public Transit, Schools
  • Built in: 1945
  • Features: Paved driveway
  • Floor Space (approx): 1636 Square Feet
  • Lot Depth: 103 Feet
  • Lot Frontage: 35 Feet
  • Zoning: CC2, RL2
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 3

Courtesy of: eXp Realty

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 27 LASALLE Street, Welland, Ontario, L3B 4J5

Demographic Information of 27 LASALLE Street, Welland, Ontario, L3B 4J5

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$71,538.90

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.49 %

High school certificate or equivalent

38.24 %

Apprenticeship trade certificate/diploma

8.43 %

College/non-university certificate

20.86 %

University Degree

7.99 %

Commuter

Travel To Work

By Car

88.74 %

By Public Transit

0.5 %

By Walking

6.6 %

By Bicycle

0.0 %

By Other Methods

4.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.98 %

Houses

58.02 %

Own Vs. Rent