| Cash-producing triplex opportunity at 1075 Ontario Road, offering an approx. 6.15% cap rate, solid tenants, one 3-bedroom unit and two 2-bedroom units. This property is a great opportunity to start your investment portfolio or add to an existing one, with 6-car parking and recent upgrades including new electrical and plumbing, a second-storey roof approximately 3 years old, hot water heating, and mini-split systems approximately 5 years old, with the 1075 system completed approximately 3 years ago. A straightforward income-producing property with key improvements already completed and tenants in place - don't miss out! |
| Price | $750,000 |
| Taxes: | $3518.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 1075 Ontario Road , Welland, L3B 5E5, Niagara |
| Directions/Cross Streets: | Ontario/Empress/Southworth |
| Rooms: | 10 |
| Rooms +: | 4 |
| Bedrooms: | 5 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Finished, Separate Ent |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Basement |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 2 | Main |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Basement |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 4 | Second |
| Washroom Type 9 | 2 | Main |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | Other |
| Exterior: | Vinyl Siding, Other |
| Garage Type: | None |
| (Parking/)Drive: | Private Tr |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private Tr |
| Park #2 | |
| Parking Type: | Private Tr |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Park, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Other |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX NIAGARA REALTY LTD, BROKERAGE |
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| Book Showing | Email a Friend |
| Type: | Freehold - Triplex |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 773 - Lincoln/Crowland |
| Style: | Other |
| Tax: | $3,518 |
| Beds: | 5+2 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |