87 Ontario Road, Welland | Image 1

87 Ontario Road

Welland, 773 - Lincoln/Crowland

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: INSH

  • Age: No Data

  • Taxes: 3882.24

  • MLS®#: X12000194

  • Days on Site: 8 Days

  • Added: Mar 04, 2025 (1 month ago)

  • Updated:

  • Last Checked: 3 weeks ago

  • Listed By: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

**Attention Investors** Fully renovated legal triplex in the heart of Welland, perfectly positioned amidst ongoing residential and commercial development. The property offers impressive rental income with over 55,000 annually. Each unit is equipped with separate meters for heat and hydro, ensuring hassle-free management and utility accountability for tenants. Strategically located, this triplex is in close proximity to essential amenities, making it highly attractive to prospective renters. The surrounding area is bustling with development, indicating promising growth and future value appreciation. Seize this incredible investment opportunity and secure a steady income stream with this well-situated, turnkey property.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Welland

  • Community: 773 - Lincoln/Crowland

  • Availability Date: Imm

  • Assessment Amount: $114,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Single Detached

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2024

  • Taxes: $3,882

  • Taxes Type: Annual

Land

  • Cross Street: Between Steel and Ki

  • Municipality District: Welland

  • Parcel Number: 641220164

  • Lot Depth: 92.4 Feet

  • Lot Frontage: 36 Feet

  • Zoning: INSH

Commercial Specific

  • Total Area: 1938

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Somewhat Walkable

  • Some errands can be accomplished on foot.
55 /100

Some Transit

  • Most errands require a car.
27 /100

Very Bikeable

  • Most errands can be accomplished on bike.
73 /100
Map of 87 Ontario Road, Welland
JK-6

École élémentaire Champlain

Elementary: Public
1.52 km
JK-8

ÉÉC Saint-François-d'Assise

Elementary: Catholic
1.81 km
JK-8

St Augustine Catholic Elementary School

Elementary: Catholic
1.16 km
JK-8

St Mary Catholic Elementary School

Elementary: Catholic
0.81 km
JK-8

Plymouth Public School

Elementary: Public
1.06 km
JK-8

Diamond Trail Public School

Elementary: Public
1.35 km
9-12

École secondaire Confédération

Secondary: Public
2.76 km
9-12

Eastdale Secondary School

Secondary: Public
2.57 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
4.26 km
9-12

Centennial Secondary School

Secondary: Public
3.56 km
Pre-Grade 9-12

Lakeshore Catholic High School

Secondary: Catholic
8.75 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
2.88 km

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