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$799,900

Welland ON, L3B 1T7

MLS® # 40779100

Property Information:

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.

Inclusions: Other,3 Fridges, 3 Stoves, 3 Dishwashers, 2 B/I Microwaves, 2 Washers, 2 Dryers, 1 Combined Washer-Dryer, 2 Water Heaters

Exclusions : Tenants' Belongings

Building Features:

  • Floor Space: 2347 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Construction Materials: Stone, Vinyl Siding
  • Cooling: Central Air, Wall Unit(s)
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2347 Square Feet
  • Heating: Electric, Natural Gas, Heat Pump, Radiant
  • Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 119 Feet
  • Lot Features: Rectangular, Highway Access, Place of Worship, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 60.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RL2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: Rock Star Real Estate Inc.

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 111 Mcalpine Avenue S, Welland, ON, L3B 1T7

Demographic Information of 111 Mcalpine Avenue S, Welland, ON, L3B 1T7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,184.07

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.54 %

High school certificate or equivalent

34.08 %

Apprenticeship trade certificate/diploma

7.45 %

College/non-university certificate

26.96 %

University Degree

6.97 %

Commuter

Travel To Work

By Car

86.25 %

By Public Transit

3.88 %

By Walking

5.1 %

By Bicycle

0.0 %

By Other Methods

4.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.42 %

Houses

66.58 %

Own Vs. Rent