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Stuart McKerrow pic stuart.mckerrow@gmail.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

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$679,900
Available - For Sale
Listing ID: X13055178
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.
Price $679,900
Taxes: $3,360
Occupancy by: Tenant
Address: 428 THOROLD Road , Welland, L3C 3W6, Niagara
Acreage: < .50
Directions/Cross Streets: PRINCE CHARLES &THOROLD RD
Rooms: 13
Rooms +: 0
Bedrooms: 5
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Finished
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Lower Kitchen 12.76 9.41
Room 2: Lower Bathroom 6.26 6.26 3 Pc Bath
Room 3: Lower Living Ro 18.66 12.99
Room 4: Lower Bedroom 12.17 7.35
Room 5: Lower Bedroom 2 10.23 11.84
Room 6: Main Kitchen 12.99 7.68
Room 7: Main Living Ro 13.58 11.41
Room 8: Second Bedroom 14.17 6.33
Room 9: Second Bedroom 2 14.50 10.92
Room 10: Second Bedroom 3 9.15 7.41
Room 11: Main Kitchen 18.99 14.01
Room 12: Main Bedroom 10.99 12.99
Room 13: Main Bedroom 2 8.99 6.00
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  4 Basement
Washroom 4:  0
Washroom 5:  0
Property Type: Multiplex
Style: 1 1/2 Storey
Exterior: Aluminum Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 10
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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ROCK STAR REAL ESTATE INC.

428 THOROLD Road , Welland, L3C 3W6, Niagara

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: Welland
Neighbourhood: 770 - West Welland
Style: 1 1/2 Storey
Lot Size: x 152.89(Feet)
Approximate Age: 31-50
Tax: $3,360
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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