For Sale: 27 Park Street, Welland, ON - REW
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$599,999
7 bd • 3 ba • 2000 - 2499 sf • Multifamily
27 Park Street
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$599,999
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27 Park StreetWelland, ON, L3B 4M3

  • 7 Bed
  • 3 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside. (id:63626)
Listed by: Kayla Smith, Salesperson, RE/MAX Escarpment Realty Inc.

Home facts and features

Price details
List Price
$599,999
Get Pre-Approved
Gross Taxes for 2025
$2,314
Home facts
Bedrooms
7
Full Bathrooms
3
Parking Spaces
6
Parking Details
Detached Garage, Garage
Property Type
Multifamily
Lot Size
58 ft x 145 ft (8439 ft²)
Depth
145.5 feet
Frontage
58.0 feet
Exterior Finish
Stucco
Heating Type
Baseboard heaters, Electric
Basement Details
Unfinished, Partial
Features
Separate Electricity Meters
Appliances
All
Agent details
Primary Agent
Kayla Smith
Primary Broker
RE/MAX Escarpment Realty Inc.
Secondary Agent
Cory Froc
Secondary Broker
RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Listing details
Days on REW
1 Day
MLS® Number
X14170588
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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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
É Élém Champlain
  • Public
  • JK - 6
Fitch Street Public School
  • Public
  • JK - 8
ÉÉC Saint-François-d'Assise
  • Catholic
  • JK - 8
Diamond Trail Public School
  • Public
  • JK - 8
Collège Notre-Dame
  • Catholic
  • 9 - 12
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
Kayla Smith
Phone:
(905) 545-1188
Cell:
289-244-3483
Office:
905-545-1188
Salesperson
Cory Froc
Phone:
(647) 468-2596
Cell:
647-468-2596
Office:
905-545-1188
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