Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure-simply start collecting.The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system.Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don't miss this rare, stress-free income generator!
| MLS # | X13514942 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 52 |
| Listing Provided By | REAL BROKER ONTARIO LTD. | X13514942 384018 |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 0.08 |
| Water Front | Indirect |
| Interior Features | Accessory Apartment |
|---|---|
| Lease To Own Equipment | None |
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Vinyl Siding |
| Garage Yes / No | No |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 2776 |
|---|---|
| Tax Assessed Value | 146000 |
| Tax Legal Description | PLAN 942 PT LOTS 212 AND 213 59R17452 PART 1 |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3C 5L9 |
| Area | 772 Broadway |
| Listing VS Median (in L3C 5L9) | |
Price: $474,900 low | high Med: $0 On site: 52 low | high Med: | |
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3C 5L9 |
| Area | 772 Broadway |
| Listing VS Median (in L3C 5L9) | |
Price: $474,900 low | high Med: $0 On site: 52 low | high Med: | |