428 THOROLD ROAD, Welland (West Welland)

2026-06-16
 

Quick Summary

Location
428 THOROLD ROAD, Welland (West Welland), Ontario L3C3W6
Price
$629,990 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1100 - 1500 sqft
Bedrooms:
5
Bathrooms:
3
Garages:
10

MLS®#X13445010

Property Description

Turnkey Legal Triplex In The Heart Of Welland Offering Strong, Reliable Income And Exceptional Future Potential. Situated On A Rare 60 X 153 Ft Corner Lot, This Property Provides Ample Outdoor Space And Parking For Up To 10 Vehicles, A Highly Desirable Feature For Tenants And Long-Term Flexibility. This Well-Maintained Building Features Three Self-Contained Units, Each With Its Own Separate Hydro Meter And Private In-Suite Laundry, Allowing Tenants To Pay Their Own Electricity While Sharing Remaining Utilities (Gas And Water) On A Proportionate Basis. A Shared Front Foyer Serves The Main And Upper Units, While The Lower Unit Benefits From A Separate Rear Entrance For Added Privacy. Unit 1 Is Bright And Functional With A Spacious Living Area, Eat-In Kitchen, One Bedroom, Four-Piece Bath, And In-Suite Laundry (Tenanted 1,350 + 20% utilities). Unit 2 Spans The Main And Second Floor, Offering A Generous Layout With A Large Living Area, Oversized Kitchen With Ample Cabinetry, Two Bedrooms, And A Four-Piece Bath (Tenanted At $1,650 + 40% Of Gas And Water). The Lower Unit Features Two Bedrooms And A Fully Renovated Interior Including A Modern Kitchen, Updated Bathroom, New Flooring, Dedicated Dining Area, Spacious Living Room, And In-Suite Laundry (Vacant With Estimated Market Rent Of $1,575 + 30% Of Gas And Water). Extensive Upgrades Include Full Legalization In 2023 With A 200-Amp Electrical Panel, Upgraded 1-Inch Plumbing, And A Complete Renovation Of The Lower Unit. In 2026, The Upper Unit Was Further Improved With A New Kitchen, Doors, Baseboards, And Fresh Paint Throughout. Ideal For Investors Seeking A Low-Maintenance, High-Performing Asset Or Buyers Looking To Live In One Unit While Generating Significant Rental Income. (id:32467)

Property Features

Building

  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Cooling Type: Central air conditioning
  • Exterior Finish: Aluminum siding
  • Fireplace: No
  • Interior Size: 1100 - 1500 sqft
  • Building Type: Other
  • Stories: 1.5
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size, Sump Pump

Land

  • Land Size: 60.2 x 152.9 FT|under 1/2 acre
  • Sewer: Sanitary sewer

Zoning

  • Description: RL1

Information entered by ROCK STAR REAL ESTATE INC.
Listing information last updated on: 2026-06-15 16:14:03


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