50
$599,999 Sale
Listed 4 hours ago
27 Park Street
· 7
· 3
· 6
· 2000-2500
Key Facts
Key facts for 27 Park Street
Property Type
Apartment, 2-Storey
Parking
Detached 2 garage, 6 parking
MLS #
X14170588
Size
2000-2500 sqft
Basement
Partial Basement,Unfinished
Listed on
2026-11-11
Lot size
58 x 145.51
Tax
$2,314 /yr
Days on Market
0
Approximate Age
100+
Maintenance Fee
-
Description
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.
Room Types
Bathroom
3 Pc Bath
Dimensions 10.33 x 5.09 feet
52.58 sqft
Bathroom
3 Pc Bath
Dimensions 8.01 x 4.99 feet
39.97 sqft
Bedroom
-
Dimensions 10.83 x 11.68 feet
126.49 sqft
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Courtesy of: RE/MAX ESCARPMENT REALTY INC., BROKERAGE