Key Facts
- MLS® #: 40730610
- Property ID: SIRC2432268
- Property Type: Residential, Single Family Detached
- Living Space: 2,821 sq.ft.
- Bedrooms: 5
- Bathrooms: 3
- Parking Spaces: 4
- Listed By:
- Coldwell Banker Community Professionals
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain14' 4.8" x 13' 5"Other
- Dining roomMain13' 1.8" x 14' 6.8"Other
- BedroomMain12' 9.1" x 11' 10.7"Other
- KitchenMain9' 6.1" x 13' 8.9"Other
- BedroomMain12' 9.9" x 7' 8.9"Other
- BathroomMain12' 9.1" x 5' 4.1"Other
- Solarium/SunroomMain7' 4.9" x 12' 6"Other
- Living room2nd floor10' 4.8" x 12' 9.9"Other
- Kitchen2nd floor6' 8.3" x 9' 1.8"Other
- Bedroom2nd floor14' 2.8" x 10' 7.1"Other
- Bedroom2nd floor11' 10.1" x 11' 3"Other
- Bedroom2nd floor11' 10.1" x 10' 9.1"Other
- Solarium/Sunroom2nd floor6' 11" x 10' 5.9"Other
- Bathroom2nd floor6' 7.9" x 5' 4.9"Other
- Kitchen3rd floor6' 9.8" x 11' 10.9"Other
- Bathroom3rd floor7' 4.1" x 7' 6.1"Other
- Loft3rd floor22' 1.7" x 13' 3.8"Other
Listing Agents
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Location
23 Avenue Place, Welland, Ontario, L3B 4B2 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 24.83% 20 to 34 years
- 23.42% 50 to 64 years
- 18.8% 35 to 49 years
- 11.9% 65 to 79 years
- 5.61% 0 to 4 years
- 5.36% 15 to 19 years
- 3.89% 5 to 9 years
- 3.81% 10 to 14 years
- 2.39% 80 and over
- Households in the area are:
- 46.29% Single family
- 46.2% Single person
- 7.5% Multi person
- 0% Multi family
- $75,596 Average household income
- $36,019 Average individual income
- People in the area speak:
- 86.65% English
- 5.83% French
- 1.48% English and French
- 1.28% Spanish
- 1.21% English and non-official language(s)
- 1.07% Punjabi (Panjabi)
- 0.78% Italian
- 0.71% Malayalam
- 0.64% German
- 0.36% Vietnamese
- Housing in the area comprises of:
- 42.61% Apartment 1-4 floors
- 31.72% Single detached
- 11.78% Duplex
- 9.54% Apartment 5 or more floors
- 4% Semi detached
- 0.35% Row houses
- Others commute by:
- 13.03% Foot
- 5.63% Other
- 3.46% Public transit
- 0% Bicycle
- 39.7% High school
- 21.75% College certificate
- 18.35% Did not graduate high school
- 10.04% Bachelor degree
- 8.22% Trade certificate
- 1.66% Post graduate degree
- 0.27% University certificate
- The average air quality index for the area is 2
- The area receives 326.44 mm of precipitation annually.
- The area experiences 7.38 extremely hot days (30.22°C) per year.
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- Principal and Interest $2,782 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a