Realestate

Property Details

1 of 8
$474,900
314 Broadway Street, Welland, ON L3C 5L9
2 + 1
2
MLS®X13514942
Property Type
Residential Freehold
Sub Type
Duplex
Heating
Forced Air
Cooling
Central Air
Lot Size
100.25 x 36.42 Feet
Approx Age
N/A
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!
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