$525,000
3.09 BTC
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Map
290 Division Street, Welland
$525,000
PRICE
5
BEDROOMS
4
BATHROOMS
X12438455
MLSID

290 Division Street, Welland

INCREDIBLE INVESTMENT OPPORTUNITY! This spacious 2.5 storey, 2169 sqft LEGAL TRIPLEX located in the heart of Welland is a rare find! Ideal as a residential rental with three unitslive in one and rent out the other twoor leverage the DMC zoning (full list of permitted uses in supplements) to create a commercial property, including options such as a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term Care, Multiple Units, and more! The property offers TWO DRIVEWAYS (one on each side) with space for up to 15 vehicles, leading to a TRIPLE CAR GARAGE. Built in 1920, this home retains its original charm with gorgeous hardwood flooring, 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and a built-in kitchen table with seating and storage cubbies in the main units formal dining room. The triplex includes: a MAIN FLOOR BACHELOR UNIT, a MAIN FLOOR 2-BEDROOM UNIT featuring a large 4 pc bath, expansive foyer, formal dining room, separate kitchen, and covered front porch, plus an UPPER 2-BEDROOM UNIT with extra closet space, a covered sunporch off the living room, and a private third-floor bedroom. Two separate hydro meters serve the units. The basement is partially finished with a 4th bathroom and has been utilized as an additional bedroom with a large egress window. Electrical is updated with a 200 amp panel, separate 100 amp service, and copper wiring. This property is ready for your finishing touches and represents a phenomenal investment opportunity! NOTE: Property is being sold in an "as is, where is" condition. Seller is related to the listing agent.
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Sold History

SOLD
13 December 2024
$375,000

Summary

Address
290 Division Street
MLSID
X12438455
Property Type
Triplex
Property Category
Bedrooms
5
Bathrooms
4
Kitchens
3
Zoning
DMC
Taxes (Annual)
$3,517.00
Tax Year
2024
Published
October 1, 2025
Days on Market
7 Days
Possession Type
Immediate
Possession Details
Immediate
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Inclusions

N/A

Exclusions

All existing appliances.

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
3-Piece Main Level
Bathroom 3
3-Piece Second Level
Bathroom 4
3-Piece Basement Level
Basement
Partially Finished, Full
Interior Features
Accessory Apartment, In-Law Capability, Separate Hydro Meter
Parking Spaces
12
Parking Total
15
Architectural Style
2 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Stucco (Plaster)
Lot Width
50 Feet
Lot Depth
126 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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