$699,000
For sale: Detached

ATTN Investors! Welcome to 39 Park St, a triplex located in the downtown core of Welland. This solid brick two-storey home offers three standalone apartments, each with separate entrances and separate hydro meters. The property also includes a 32' x 16' detached garage with excellent potential to be converted into a fourth unit. All three units are generous in size and would make a strong addition to any investment portfolio. They are currently rented, and all tenants are on a month-to-month basis, offering flexibility for future plans. The location is highly convenient with close access to major highways and essential amenities. This property presents an opportunity for someone to add their personal updates and bring it up to modern standards. Features Area Influences: School Bus Route.
Sold data
Detached homes in Welland (Welland Downtown) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 52, across 154 recorded sales.
The median sale price was $565,000.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 154 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (Welland Downtown) 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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