314 BROADWAY STREET, Welland (Broadway)
$474,900
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 3 bedrooms, 2 bathrooms
- Living area
- 1,100 sqft
- MLS®
- MLS® X13514942
- Neighbourhood
- 772 - Broadway
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!
Sold data
Multiplex homes in Welland (Broadway) — recent sold market
Multiplex homes in Welland (Broadway) took a median of 63 days to sell over the last 365 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 104, across 33 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $589,900.
Homes sold for about 4.8% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 36% of sellers reduced their price before finding a buyer.
- Median days to sell
- 63
- Median sale price
- $589,900
- Sale-to-list ratio
- 95.2%
- Sold above asking
- 3%
Based on 33 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Welland (Broadway)
Welland (Broadway) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.
- Rated schools
- 23
- Elementary
- 18
- Secondary
- 5
- Average rating
- 6.5 / 10
Top-rated schools in Welland (Broadway)
- Plymouth — elementary, WellandFraser rating 10.0/10
- Fitch Street — elementary, WellandFraser rating 8.1/10
- Glendale — elementary, WellandFraser rating 8.1/10
- Holy Name — elementary, WellandFraser rating 7.9/10
- Quaker Road — elementary, WellandFraser rating 7.6/10
- Diamond Trail — elementary, WellandFraser rating 7.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 314 BROADWAY STREET
$425,000
Multiplex321,100–1,500 sqft136 REGENT STREET, 768 - Welland Downtown, Welland
$489,900
Multiplex3+121,100–1,500 sqft43 DACOTAH STREET, 451 - Downtown, St. Catharines
$429,000
Multiplex3+121,100–1,500 sqft53 KINSEY STREET, 458 - Western Hill, St. Catharines
$425,000
Multiplex136 REGENT STREET, 768 - Welland Downtown, Welland
$449,900
Townhouse321,100–1,500 sqft366 CHAFFEY STREET, 773 - Lincoln/Crowland, Welland
$449,900
Detached321,100–1,500 sqft505 NETHERBY ROAD, 765 - Cooks Mills, Welland
$475,000
Detached321,100–1,500 sqft9 LYONS AVENUE, 773 - Lincoln/Crowland, Welland
$434,900
Detached3+12700–1,100 sqft52 FIFTH STREET, 773 - Lincoln/Crowland, Welland