314 Broadway Avenue A, Welland, Ontario L3C 5L9

Listed for:
$494,900
3 beds
2 baths
Listed 23 days ago
Duplex for rent: 314 Broadway Avenue A, Welland, Ontario L3C 5L9

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About

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! (id:27476)

Property Highlights

MLS® Number
40844483
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
2

Building

Building Type
Duplex
Storeys
1.00
Square Footage
1502 sqft
Bathrooms Total
2
Bedrooms Total
3
Amenities
Hospital, Place of Worship, Public Transit, Schools, Shopping
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Real Broker Ontario Ltd.
MLS® number:
40844483
Agent:
Stephen Canjar
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