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$679,900
Ontario,Welland
For Sale Active
428 THOROLD Road, Welland, Ontario L3C3W6
  • 5
  • 3
  • 1,450 Sqft
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Basic Details
Description

Turnkey LEGAL TRIPLEX in the heart of Welland delivering strong, reliable income. Situated on an exceptional 60 x 153 ft corner lot, this property offers rare outdoor space and the potential for up to 10-car parking, ideal for tenants and future flexibility. This well maintained building features three self-contained units, each with separate hydro meters and private in-suite laundry, a

highly desirable setup for both investors and end-users. A shared front foyer provides access to the main and upper units, while the lower unit enjoys a separate rear entrance for added privacy. A sump pump has also been installed for added peace of mind. **UNIT 1 is bright featuring a comfortable living space, eat-in kitchen, one bedroom, four-piece bath, and its own laundry (Currently Vacant market rent $1,400 + 30% utilities) offering immediate leasing or owner-occupancy potential. **UNIT 2 offers both main floor and 2nd floor living, a spacious layout with a large living area, oversized kitchen with ample cabinetry, two bedrooms, and a four-piece bathroom (Tenanted $1,650 + 40% utilities). **The LOWER UNIT 3 is a 2 bed room, fully finished with a newer kitchen, updated bathroom, and modern flooring, offering a large living area, dedicated dining space, and in-suite laundry (Currently Vacant market rent $1,575 + 30% utilities). Ideal for investors seeking a low-maintenance asset with strong cash flow, or buyers looking to live in one unit while generating rental income. Extensive upgrades include full legalization of Triplex in 2023 with a 200-amp electrical panel, upgraded 1 plumbing, and complete renovation of the lower unit (kitchen, bath, flooring, paint, fixtures). In 2026, the upper unit was further improved with a new kitchen, doors, baseboards, and fresh paint throughout. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 40824697
  • Price: $679,900
  • Bedrooms: 5
  • Bathrooms: 3
  • Square Footage: 1,450 Sqft
  • Year Built: 1948
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 190426
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Exterior Features: Aluminum siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Welland, 767 - N. Welland, L3C3W6
  • Street: THOROLD
  • Street Number: 428
  • Street Suffix: Road
  • Longitude: W80° 43' 21.6''
  • Latitude: N43° 0' 14.5''
Additional Information
  • Water Source:
  • Lot Features:
  • Stories: 1.5
Financial
  • Tax Annual Amount: 3360
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Listing updated: 2026-05-01 11:07:33
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Listing Information
  • List Agent Key: 2048994
  • List Office Key: 190426
  • Modification Timestamp: 2026-04-28T21:55:45Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-04-28T21:49:06Z
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Listing updated: 2026-05-01 11:07:34
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