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$674,900
Ontario,Welland (Lincoln/Crowland)
For Sale Active
123 DAIN AVENUE, Welland (Lincoln/Crowland), Ontario L3B3E5
  • 6
  • 3
  • 1500 - 2000Square Feet
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Basic Details
Description

Fully tenanted triplex, turnkey, with immediate cashflow available and 7.32% cap rate. This is an excellent investment opportunity with 3 newly renovated units in great condition with great tenants, paying current market rent. Over $100K in renovations completed at the property, with a newly finished basement, new kitchens, appliances, windows, hot water tank, and more. No expenses spared to create

and sustain this well-operating multi-unit property. Each unit is equipped with a full kitchen and appliances (fridge and stove) all newly renovated within the last 5yrs. Each unit has their own laundry appliances – great value add for tenants. Two separate backyards – Main floor tenant enjoys fully fenced yard with a private back deck and garden shed. Upper tenant enjoys their own separate fully fenced yard with a garden shed. 4 parking spots available on the driveway. Basement is fully waterproofed under warranty & new main drain. 3 Separate Hydro Meters with Separate Breaker Panels. 2 Hot Water Tanks. 2 Furnaces. Tenants paying all utilities except water. Excellent location, walking distance to shops, restaurants, library, schools, parks, gym, and more. Public transit stop nearby. School bus route as well. This property checks all the boxes for investors & tenants. Start earning income and watch your asset appreciate in value without lifting a finger, the work has already been completed. Incomes, expenses, leases, and full property details available. (id:62783)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13129898
  • Price: $674,900
  • Bedrooms: 6
  • Bathrooms: 3
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 75358
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Window air conditioner
  • Basement: Full, Separate entrance
  • Fence: Fenced yard, Fully Fenced
  • Parking: No Garage
  • Exterior Features: Aluminum siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Welland (Lincoln/Crowland), L3B3E5
  • Street: Dain
  • Street Number: 123
  • Street Suffix: Avenue
  • Longitude: W80° 45' 13.9''
  • Latitude: N42° 58' 21.4''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 40 x 118.7 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 2605
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Listing updated: 2026-05-14 20:13:12
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Listing Information
  • List Agent Key: 2130304
  • List Office Key: 75358
  • Modification Timestamp: 2026-05-14T20:16:06Z
  • Originating System Name: Niagara Association of REALTORS®
  • Status Change Timestamp: 2026-05-14T20:07:43Z
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Listing updated: 2026-05-14 20:13:13
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