For Sale: 136 Regent Street, Welland, ON - REW
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$450,000
0 bd • ba • 1314 sf • Multifamily
136 Regent Street
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$450,000
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136 Regent StreetWelland, ON, L3B 4H8

  • 0 Bed
  • Bath
  • 1314 Sqft
  • Multifamily

About this home

Attention investors and savvy buyers! This separate metered duplex in the heart of downtown Welland offers strong rental income and excellent long-term potential. Ideally located just steps to the Welland Farmers' Market, restaurants, shopping, parks, schools and public transit, this property combines convenience with cash flow. The front unit features 2 spacious bedrooms and rents for $1,409/month, while the rear unit offers 1 bedroom plus a den/home office and rents for $1,178/month, generating a gross annual income of $31,044. Based on the current income and operating expenses, the property offers an approximate 5.4% cap rate. Separate hydro and gas meters help reduce operating expenses, making this an attractive investment. The unfinished basement provides laundry and additional storage space. Situated on a 33 x 132 ft lot, the front tenant enjoys exclusive use of the covered front porch while the rear tenant has access to the private backyard. Whether you're looking to expand your investment portfolio, live in one unit while offsetting your mortgage with rental income, or add a duplex to your holdings, this property is an opportunity you won't want to miss. Approximate cap rate is based on current rental income and annual operating expenses as provided by the Seller. (id:63626)
Listed by: Nicki Lumsden, Broker, RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home facts and features

Price details
List Price
$450,000
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Gross Taxes for 2025
$2,556
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
130.39 feet
Frontage
34.3 feet
Heating Type
Forced air, Natural gas
Cooling
Partially air conditioned
Agent details
Primary Agent
Primary Broker
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Secondary Agent
Secondary Broker
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Listing details
Days on REW
2 Days
MLS® Number
X13524082
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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25 Years
Interest Rate
3.99%

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Property Insights

Plymouth Public School
  • Public
  • JK - 8
St Mary Catholic Elementary School
  • Catholic
  • JK - 8
DSBN Academy
  • Public
  • 6 - 12
Princess Elizabeth Public School
  • Public
  • JK - 8
Collège Notre-Dame
  • Catholic
  • 9 - 12
É Élém Champlain
  • Public
  • JK - 6
Notre Dame College School
  • Catholic
  • 9 - 12
Fitch Street Public School
  • Public
  • JK - 8
St Kevin Catholic Elementary School
  • Catholic
  • JK - 8
Ross Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Nicki Lumsden
Phone:
(289) 968-9529
Cell:
289-968-9529
Office:
905-687-9600
Salesperson
Kate Ostryhon-Lumsden
Phone:
(289) 213-6457
Office:
905-687-9600
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