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.
| MLS # | X13453590 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 68 |
| Listing Provided By | ROCK STAR REAL ESTATE INC. | X13453590 145500 |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.16 |
| Interior Features | Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned, Separate Hydro Meter, Separate Heating Controls, Guest Accommodations |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete Block |
| Construction Materials | Stone, Vinyl Siding |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Double |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 3175.61 |
|---|---|
| Tax Legal Description | LT 825 & 826 PL 960 ; S/T INTEREST(S) IN RO524918 ; S/T DEBTS IN RO524918 ; WELLAND |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3B 1T7 |
| Area | 773 Lincoln | Crowland |
| Listing VS Median (in L3B 1T7) | |
Price: $772,000 low | high Med: $0 On site: 68 low | high Med: | |
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3B 1T7 |
| Area | 773 Lincoln | Crowland |
| Listing VS Median (in L3B 1T7) | |
Price: $772,000 low | high Med: $0 On site: 68 low | high Med: | |