Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure—simply start collecting. The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system. Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don't miss this rare, stress-free income generator!
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Zillow last checked:
Listing updated:
Listed by:
Stephen Canjar, Salesperson,
Real Broker Ontario Ltd.
Source: ITSO,MLS®#: 40844483Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Included: Dryer, Refrigerator, Stove, Washer
Laundry: In-Suite
Features
Accessory Apartment
Basement: Separate Entrance,Full,Finished
Has fireplace: No
Interior area
Total structure area: 1,502
Total interior livable area: 762 sqft
Finished area above ground: 762
Finished area below ground: 740
Property
Parking
Total spaces: 2
Parking features: Private Drive Single Wide
Uncovered spaces: 2
Features
Stories: 1
Frontage length: 36.42
Lot
Size: 3,421 Square Feet
Dimensions: 36.42 x
Features: Hospital, Place of Worship, Public Parking, Public Transit, Schools, Shopping Nearby
Details
Parcel number: 644390211
Zoning: RL2
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family
Materials
Vinyl Siding
Roof: Asphalt Shing
Condition
51-99 Years
New construction: No
Utilities & green energy
Sewer: Sewer (Municipal)
Water: Municipal
Community & HOA
Community
Security: Smoke Detector
Location
Region: Welland
Financial & listing details
Price per square foot: C$649/sqft
Annual tax amount: C$2,776
Date on market: 7/2/2026
Inclusions: Smoke Detector
Stephen Canjar, Salesperson
Stephen Canjar, Salesperson
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