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$ 494,900
Est. payment /mo
New
314 Broadway ST Welland, ON L3C 5L9
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 772 - Broadway
MLS Listing ID X13514942
Style Bungalow
Bedrooms 3
Annual Tax Amount $2,776
Tax Year 2026
Property Sub-Type Duplex
Property Description
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!
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Separate Entrance, Full, Finished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Accessory Apartment
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Waterfront Description Indirect
Roof Type Asphalt Shingle
Lot Frontage 36.42
Lot Depth 100.25
Total Parking Spaces 2
Building
Foundation Concrete
Others
ParcelsYN No
Listed by REAL BROKER ONTARIO LTD.
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