$679,990
For sale: Detached

Exceptional 4-Unit Investment Opportunity in Welland! This versatile property offers an outstanding opportunity for investors, multi-generational families, or buyers seeking multiple income streams. The main home features 2 separate units, with one unit on the main floor and one on the second level. Each unit offers 2 bedrooms, 1 kitchen and 1 bathroom, providing functional layouts and excellent rental potential. Adding further value is the 2-storey garden suite, featuring 2 completely separate apartments, each with 2 bedrooms, 1 kitchen and 1 bathroom, plus separate entrances for added privacy and convenience. In total, the property offers 4 separate units, 8 bedrooms, 4 kitchens and 4 bathrooms. Ample parking is available with space for up to 6 vehicles. Enjoy the convenience of a bus stop directly in front of the property, making transit easily accessible for tenants. Located in a growing area of Welland with new developments and amenities coming to the surrounding area, including a new Longo's and other upcoming projects, adding to the area's future appeal and potential. A rare opportunity to acquire a multi-unit property with excellent flexibility, multiple income streams and strong future potential. Ideal for investors looking to capitalize on Welland's continued growth and development.
Sold data
Detached homes in Welland (Prince Charles) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 52, across 146 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $549,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 146 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (Prince Charles) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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