$775,000
$785,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
1 Braden Avenue Welland, ON L3C 2R6
5 Beds
3 Baths
1,584 SqFt
Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $489
MLS Listing ID 40716369
Sold Date 04/27/25
Bedrooms 5
Abv Grd Liv Area 2,271
Year Built 1964
Annual Tax Amount $4,095
Property Sub-Type Multi-3 Unit
Source Hamilton - Burlington
Property Description
Unique Legal Triplex in Sought-After Prince Charles Neighbourhood - Live In or Invest! A rare opportunity in the heart of West-End Welland! This beautifully maintained legal side-split triplex sits on an expansive 80 x 118 lot and offers flexibility for homeowners and investors alike. With two fully renovated units (2023) already occupied by excellent tenants, and a vacant STUNNING main-floor unit, you can choose to move in yourself or secure another tenant to complete this high-performing income property. Currently professionally managed, the property can continue under management or be handed over to new ownership with ease. The spacious fenced backyard is thoughtfully divided to provide separate outdoor spaces and features an above-ground pool, a rare bonus for tenant and owner enjoyment. Located just a 10-minute walk to Chippawa Park, offering a wealth of outdoor amenities including a splash pad, ball diamond, volleyball courts, playground, botanical gardens, and more - this location is as family-friendly as it is investment-savvy. Whether you're looking to live in one unit and rent the rest, or fully lease all three, this property is a turnkey opportunity with an attractive cap rate and strong rental potential for years to come. HIGHLIGHTS : *Legal triplex with side-split layout *Two units with quality tenants *Vacant main-floor unit live-in or rent out *Fully fenced yard with above-ground pool * Located in desirable Prince Charles neighbourhood *Close to schools, parks, shopping & transit *Professionally managed optional continuation. Don't miss this exceptional investment in a quiet, established community!
Location
Province ON
County Niagara
Area Welland
Zoning RL1
Direction Wilson Rd & Fitch St
Rooms
Other Rooms Gazebo, Shed(s)
Basement Separate Entrance, Full, Finished
Kitchen 0
Interior
Interior Features Other
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry In-Suite
Exterior
Pool Above Ground
Roof Type Asphalt Shing
Lot Frontage 81.05
Lot Depth 118.9
Garage No
Building
Lot Description Irregular Lot, Near Golf Course, Hospital, Library, Park, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
Faces Wilson Rd & Fitch St
Story 1
Foundation Other
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 1
Structure Type Brick,Other
New Construction No
Others
Senior Community false
Tax ID 640990119
Ownership Freehold/None
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