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Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering 3 fully self-contained legal units. The property features two units in the main building and a standalone 2-bedroom garden suite, all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, a
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30 Year , 3.99% interest


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Welcome to the delightful **Multi-Family Home for sale in Welland ** located at 111 Mcalpine Avenue S, Welland! This splendid property is a turn-key investment opportunity that boasts three fully self-contained legal units, making it an ideal choice for investors looking to maximise their rental income. Situated in the heart of the 773 - Lincoln/Crowland community, this multiplex is perfectly positioned to take advantage of all the amenities that Welland has to offer.
As you approach the property at 111 Mcalpine Avenue S, Welland, you’ll immediately notice the charming exterior, which combines stone and vinyl siding, giving it a contemporary yet classic appeal. The building is a two-storey structure, providing ample space for its three units. With a total of 12 rooms, including five bedrooms and a den, there’s plenty of room for tenants to enjoy their privacy and comfort. Each unit is well-maintained and professionally managed, ensuring a hassle-free investment experience.
The main floor unit spans the entirety of the main level and includes a partially finished basement. It features 1+1 bedrooms and 1.5 bathrooms, making it spacious enough for a small family or group of tenants. The large kitchen is perfect for cooking and entertaining, while the separate living and dining areas provide a comfortable setting for relaxation. Tenants can also enjoy the front porch and back deck, perfect for those sunny days.
Moving up to the second-floor unit, you’ll find a bright and airy space that includes two bedrooms and one bathroom. The open-concept living, dining, and kitchen area creates a welcoming atmosphere, and the private front balcony offers a lovely spot to unwind with a cup of tea.
The garden suite, which is a standalone unit, features two bedrooms and one bathroom as well. Its bright, open layout makes it an inviting space for tenants, providing them with a sense of independence while still being part of the **Multi-Family Home for sale in Welland**. Each of the units comes equipped with separate hydro meters, ensuring that tenants are responsible for their own utilities. Additionally, private laundry facilities in each unit add to the convenience.
Parking is a breeze at this property, with a private double driveway that accommodates up to six vehicles. Each unit is allocated one dedicated parking spot per lease, but the driveway's capacity means that there’s plenty of room for guests or additional vehicles.
The property is serviced by municipal water and sewer, and the heating is provided by a radiant system, ensuring a comfortable living environment year-round. Although there is no pool or fireplace, the central air conditioning keeps the home cool during those warm summer months.
Located at 111 Mcalpine Avenue S, Welland, this **Multi-Family Home for sale in Welland** is perfectly situated close to shopping centres, schools, and public transport links, making it an attractive option for potential tenants. The area is known for its vibrant community spirit and accessibility, which only adds to the appeal of this investment opportunity.
With tenants currently in place and paying market rent, you can rest assured that this property offers a strong and stable income stream. Whether you’re an experienced investor or just starting out, this **Multi-Family Home for sale in Welland** is a fantastic opportunity to secure a hands-free, income-generating property in a desirable location.
Don’t miss out on this incredible chance to own a piece of Welland real estate! With its prime location and well-maintained units, 111 Mcalpine Avenue S, Welland is a must-see for anyone looking to invest in the thriving Niagara area.
The 773 - Lincoln/Crowland area in Welland offers a charming blend of suburban tranquillity and convenient access to urban amenities. Nestled within a picturesque landscape, this community features a variety of well-maintained homes, parks, and local shops, making it an ideal place for families and individuals alike. Residents enjoy a strong sense of neighbourhood, with friendly faces and a welcoming atmosphere. The area's well-connected transport links ensure easy commutes to nearby cities, while the proximity to schools and recreational facilities enhances the quality of life. Whether you’re taking a leisurely stroll through the parks or enjoying a coffee at a local café, 773 - Lincoln/Crowland presents a delightful setting to call home.
This property is ideally situated near several highly-rated educational institutions, making it an excellent choice for families. Within a short distance, you'll find Plymouth Public School, an elementary school offering grades JK to 8, located just 1.4 km away with an impressive rating of 4.9. Closer still is Princess Elizabeth Public School, only 0.9 km away, which provides French language instruction for grades 1 to 8 and boasts a strong rating of 7. For secondary education, Eastdale Secondary School is just 1.0 km from the property, rated at 5.2, while the well-regarded Notre Dame College School is 1.3 km away, offering a Catholic education for grades 9 to 12 with a rating of 6.2. Additionally, St. Andrew Catholic Elementary School is conveniently located 0.7 km away, serving grades K to 8 with a rating of 6.5. Overall, this area is rich in educational opportunities, catering to various preferences and needs, ensuring that your children will have access to quality schooling within a short commute.
The area surrounding the property has a population of 546 residents, with an average household size of 2. The demographic profile indicates a median age of 40.2 years and an average household income of $63,600, with 20% of the population classified as low-income. The average home price in the area is $375,000. Notably, a significant portion of the population is single, comprising 54.95%, while 30% of households include children. The community has a diverse demographic, with 7.45% of residents being immigrants. Renters make up a substantial 52.08% of the housing market, and there are no condos available in the area. Educational attainment is relatively high, with 38.82% of residents holding a college or university degree. However, the same percentage (38.82%) is not actively participating in the labor force, indicating potential challenges in employment opportunities. Overall, this neighborhood presents a mix of family-oriented households and a significant renter population, making it a unique community with varied needs and demographics.
This property features 4 bathroom(s) and 5 bedroom(s).
This Triplex property includes 1 additional bedrooms.
The total square footage of this Triplex 5 bed property in Welland is 2000 - 2500.
111 McAlpine Avenue S boasts 6 convenient parking spaces.
This property does not feature a garage.
Information about the garage type is not provided.
Yes, this property has a basement.
This property features Full, Partially Finished basement.
It is not specified whether this property has a swimming pool.
There is no fireplace in this property.
This property includes 3 kitchen(s).
Information about the maintenance fee is not available.
Information about whether this property is furnished is not available.
The heating system in place is a Radiant.
Information about utilities is not available.
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