Sean Kim
Broker
$629,990
Available - For Sale
Listing ID: X13445010
428 THOROLD Road , Welland, L3C 3W6, Niagara
| Turnkey Legal Triplex In The Heart Of Welland Offering Strong, Reliable Income And Exceptional Future Potential. Situated On A Rare 60 X 153 Ft Corner Lot, This Property Provides Ample Outdoor Space And Parking For Up To 10 Vehicles, A Highly Desirable Feature For Tenants And Long-Term Flexibility. This Well-Maintained Building Features Three Self-Contained Units, Each With Its Own Separate Hydro Meter And Private In-Suite Laundry, Allowing Tenants To Pay Their Own Electricity While Sharing Remaining Utilities (Gas And Water) On A Proportionate Basis. A Shared Front Foyer Serves The Main And Upper Units, While The Lower Unit Benefits From A Separate Rear Entrance For Added Privacy. Unit 1 Is Bright And Functional With A Spacious Living Area, Eat-In Kitchen, One Bedroom, Four-Piece Bath, And In-Suite Laundry (Tenanted 1,350 + 20% utilities). Unit 2 Spans The Main And Second Floor, Offering A Generous Layout With A Large Living Area, Oversized Kitchen With Ample Cabinetry, Two Bedrooms, And A Four-Piece Bath (Tenanted At $1,650 + 40% Of Gas And Water). The Lower Unit Features Two Bedrooms And A Fully Renovated Interior Including A Modern Kitchen, Updated Bathroom, New Flooring, Dedicated Dining Area, Spacious Living Room, And In-Suite Laundry (Vacant With Estimated Market Rent Of $1,575 + 30% Of Gas And Water). Extensive Upgrades Include Full Legalization In 2023 With A 200-Amp Electrical Panel, Upgraded 1-Inch Plumbing, And A Complete Renovation Of The Lower Unit. In 2026, The Upper Unit Was Further Improved With A New Kitchen, Doors, Baseboards, And Fresh Paint Throughout. Ideal For Investors Seeking A Low-Maintenance, High-Performing Asset Or Buyers Looking To Live In One Unit While Generating Significant Rental Income. |
| Price | $629,990 |
| Taxes: | $3360.00 |
| Occupancy: | Tenant |
| Address: | 428 THOROLD Road , Welland, L3C 3W6, Niagara |
| Acreage: | < .50 |
| Directions/Cross Streets: | PRINCE CHARLES &THOROLD RD |
| Rooms: | 13 |
| Rooms +: | 0 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(m) | Width(m) | Descriptions | |
| Room 1 | Lower | Kitchen | 3.89 | 2.87 | |
| Room 2 | Lower | Bathroom | 1.91 | 1.91 | 3 Pc Bath |
| Room 3 | Lower | Living Ro | 5.69 | 3.96 | |
| Room 4 | Lower | Bedroom | 3.71 | 2.24 | |
| Room 5 | Lower | Bedroom 2 | 3.12 | 3.61 | |
| Room 6 | Main | Kitchen | 3.96 | 2.34 | |
| Room 7 | Main | Living Ro | 4.14 | 3.48 | |
| Room 8 | Second | Bedroom | 4.32 | 1.93 | |
| Room 9 | Second | Bedroom 2 | 4.42 | 3.33 | |
| Room 10 | Second | Bedroom 3 | 2.79 | 2.26 | |
| Room 11 | Main | Kitchen | 5.79 | 4.27 | |
| Room 12 | Main | Bedroom | 3.35 | 3.96 | |
| Room 13 | Main | Bedroom 2 | 2.74 | 1.83 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Basement |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 31-50 |
| Property Type: | Multiplex |
| Style: | 1 1/2 Storey |
| Exterior: | Aluminum Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 10 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Age: | 31-50 |
| Approximatly Square Footage: | 1100-1500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| ROCK STAR REAL ESTATE INC. |
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|
Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 770 - West Welland |
| Style: | 1 1/2 Storey |
| Approximate Age: | 31-50 |
| Tax: | $3,360 |
| Beds: | 5 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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