111 MCALPINE Avenue S, Welland, Ontario, L3B1T7

Property Description

Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering 3 fully self-contained legal units. The property features two units in the main building and a standalone 2-bedroom garden suite, all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, and access to a private front balcony. The garden suite includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rents, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location. (id:64974)

Quick Facts

• Property Type: Triplex (Freehold)
• Bedrooms: 6
• Bathrooms: 4
• Living Area: 2,347 sq ft (218.0 m²)
• Above Grade: 2,347 sq ft (218.0 m²)
• Ownership: Freehold
• Attached: Yes
• Parking: 6 spaces
• Frontage: 60 ft (18.3 m)

Costs

• Annual Taxes: $3,175.61

Listing Provided by: Rock Star Real Estate Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.