Multi-Family $ 494,900

314 Broadway Avenue A

Welland, ON L3C 5L9

  • 3 Beds
  • 2 Baths
  • 762 SqFt
  • - Year Built
Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure—simply start collecting.

The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system.

Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don't miss this rare, stress-free income generator!
Listed by Stephen Canjar of Real Broker Ontario Ltd.

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex Up/Down

    Listing Status Active

    Purchase Type For Sale

    Square Footage 762 sqft

    Price per Sqft $649

    MLS Listing ID 40844483

    Bedrooms 3

    Abv Grd Liv Area 1,502

    Annual Tax Amount $2,776

    Property Sub-Type Duplex Up/Down

    Source Cornerstone

  • Location

    Province ON

    County Niagara

    Area Welland

    Zoning RL2

  • Rooms

    Basement Separate Entrance, Full, Finished

    Kitchen 0

  • Building

    Lot Description Hospital, Place of Worship, Public Parking, Public Transit, Schools, Shopping Nearby

    Story 1

    Sewer Sewer (Municipal)

    Water Municipal

    Level or Stories 1

    Structure Type Vinyl Siding

    New Construction No

  • Interior

    Interior Features Accessory Apartment

    Heating Forced Air, Natural Gas

    Cooling Central Air

    Fireplace No

    Appliance Dryer, Refrigerator, Stove, Washer

    Laundry In-Suite

  • Exterior

    Roof Type Asphalt Shing

    Lot Frontage 36.42

    Garage No

  • Others

    Senior Community No

    Tax ID 644390211

    Ownership Freehold/None

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CONTACT

Stephen Canjar
Stephen Canjar

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