$549,000
3.23 BTC
Photos
Map
23 Avenue Place, Welland
$549,000
PRICE
5
BEDROOMS
3
BATHROOMS
X12164718
MLSID

23 Avenue Place, Welland

Legal Triplex! Located downtown Welland, a well maintained home and ready to be leased. The units are vacant and when rented it makes an exceptional cash flow positive investment. When it was rented in 2024, the property was grossing $56,700.00 annually and is now offered at a 7% cap rate. Unit 1 (2-beds) was renting for $1,750, Unit 2 (3-beds) for $1,650.00, and unit 3 (bachelor) for $1,300.00. Located just steps from the vibrant Welland Farmers' Market, Merritt Island Park, the Welland River, and the city's revitalized downtown core, this charming turn-of-the-century home is ideally located for convenience and lifestyle. Live in one unit while generating rental income from the others, or co-purchase with a partner to build equity together. The home has been well maintained and retains much of its original charm, while offering updated functionality. Updates: Electrical (2024), Bathroom Renovated 3rd floor (2025), New Appliances in 3rd floor (2025), Insulated 2nd floor ceiling to improve with sound from top floor (2025). Coined washer and dryer are not included but available for purchase if needed. Boiler has been serviced every year. Separate hydro and gas meters and three hot water heaters. This is a solid house and investment.
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Summary

Address
23 Avenue Place
MLSID
X12164718
Property Type
Triplex
Property Category
Bedrooms
5
Bathrooms
3
Kitchens
3
Taxes (Annual)
$3,120.94
Tax Year
2024
Published
May 22, 2025
Days on Market
140 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

3 fridges, 3 stoves, 3 fire extinguishers

Exclusions

Coined washer and dryer

Details

Bathroom 1
4-Piece Ground Level
Bathroom 2
3-Piece Second Level
Bathroom 3
4-Piece Third Level
Basement
Unfinished
Interior Features
Separate Hydro Meter
Parking Spaces
3
Parking Total
4
Parking Features
Available
Architectural Style
2 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Vinyl Siding
Lot Width
40 Feet
Lot Depth
70 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland61 Starboard Crescent, Welland
$649,000
3.81 BTC
61 Starboard Crescent, Welland
4
BEDS
3
BATHS
$649,000
PRICE
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120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland120 Thorold Road, Welland
$649,900
3.82 BTC
120 Thorold Road, Welland
4
BEDS
4
BATHS
$649,900
PRICE
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37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland37 Mclaughlin Street, Welland
$649,900
3.82 BTC
37 Mclaughlin Street, Welland
4
BEDS
3
BATHS
$649,900
PRICE
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85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland85 Stern Drive, Welland
$649,900
3.82 BTC
85 Stern Drive, Welland
4
BEDS
3
BATHS
$649,900
PRICE
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607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland607 First Avenue, Welland
$649,999
3.82 BTC
607 First Avenue, Welland
4 + 2
BEDS
3
BATHS
$649,999
PRICE
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7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland7 Balmoral Avenue, Welland
$439,000
2.58 BTC
7 Balmoral Avenue, Welland
4
BEDS
2
BATHS
$439,000
PRICE
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81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland
$659,900
3.88 BTC
81 Grove Street, Welland
4 + 2
BEDS
4
BATHS
$659,900
PRICE
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81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland81 Grove Street, Welland
$659,900
3.88 BTC
81 Grove Street, Welland
4 + 2
BEDS
4
BATHS
$659,900
PRICE
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382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland382 Hennepin Avenue, Welland
$430,000
2.53 BTC
382 Hennepin Avenue, Welland
4
BEDS
2
BATHS
$430,000
PRICE
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103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland103 Mclaughlin Street, Welland
$669,000
3.93 BTC
103 Mclaughlin Street, Welland
4
BEDS
3
BATHS
$669,000
PRICE
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45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland45 Cady Street, Welland
$414,900
2.44 BTC
45 Cady Street, Welland
4 + 2
BEDS
2
BATHS
$414,900
PRICE
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144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland144 Dunkirk Road, Welland
$399,900
2.35 BTC
144 Dunkirk Road, Welland
4
BEDS
2
BATHS
$399,900
PRICE
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149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland149 Alberta Street, Welland
$399,900
2.35 BTC
149 Alberta Street, Welland
4
BEDS
2
BATHS
$399,900
PRICE
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68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland68 Mclaughlin Street, Welland
$699,000
4.11 BTC
68 Mclaughlin Street, Welland
4
BEDS
3
BATHS
$699,000
PRICE
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86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland86 Crescent Drive, Welland
$699,000
4.11 BTC
86 Crescent Drive, Welland
4 + 1
BEDS
2
BATHS
$699,000
PRICE
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