290 Division Street Welland, Ontario L3B 4A4
$525,000
INCREDIBLE INVESTMENT OPPORTUNITY! This spacious 2.5 storey, 2169 sqft LEGAL TRIPLEX located in the heart of Welland is a rare find! Ideal as a residential rental with three unitslive in one and rent out the other twoor leverage the DMC zoning (full list of permitted uses in supplements) to create a commercial property, including options such as a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term Care, Multiple Units, and more! The property offers TWO DRIVEWAYS (one on each side) with space for up to 15 vehicles, leading to a TRIPLE CAR GARAGE. Built in 1920, this home retains its original charm with gorgeous hardwood flooring, 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and a built-in kitchen table with seating and storage cubbies in the main units formal dining room. The triplex includes: a MAIN FLOOR BACHELOR UNIT, a MAIN FLOOR 2-BEDROOM UNIT featuring a large 4 pc bath, expansive foyer, formal dining room, separate kitchen, and covered front porch, plus an UPPER 2-BEDROOM UNIT with extra closet space, a covered sunporch off the living room, and a private third-floor bedroom. Two separate hydro meters serve the units. The basement is partially finished with a 4th bathroom and has been utilized as an additional bedroom with a large egress window. Electrical is updated with a 200 amp panel, separate 100 amp service, and copper wiring. This property is ready for your finishing touches and represents a phenomenal investment opportunity! NOTE: Property is being sold in an "as is, where is" condition. Seller is related to the listing agent. (id:24801)
Property Details
| MLS® Number | X12438455 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| Equipment Type | Water Heater |
| Parking Space Total | 15 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Amenities | Separate Electricity Meters |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Exterior Finish | Brick, Stucco |
| Flooring Type | Hardwood |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Size Depth | 126 Ft ,4 In |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 126.4 Ft |
| Size Total Text | 50 X 126.4 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 3.23 m | 4.04 m | 3.23 m x 4.04 m |
| Second Level | Bedroom | 4.04 m | 3 m | 4.04 m x 3 m |
| Second Level | Kitchen | 4.39 m | 3.56 m | 4.39 m x 3.56 m |
| Main Level | Bedroom | 4.11 m | 2.82 m | 4.11 m x 2.82 m |
| Main Level | Living Room | 5.64 m | 3.71 m | 5.64 m x 3.71 m |
| Main Level | Dining Room | 4.14 m | 3.43 m | 4.14 m x 3.43 m |
| Main Level | Kitchen | 3.56 m | 3.02 m | 3.56 m x 3.02 m |
| Main Level | Primary Bedroom | 6.86 m | 3.89 m | 6.86 m x 3.89 m |
| Main Level | Bedroom | 2.54 m | 1.83 m | 2.54 m x 1.83 m |
| Main Level | Kitchen | 2.54 m | 1.83 m | 2.54 m x 1.83 m |
| Other | Bedroom | 4.39 m | 2.29 m | 4.39 m x 2.29 m |
Contact Us
Contact us for more information
Alessandra Fiorilli
Salesperson
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8
(866) 530-7737
Veronique Paquette
Salesperson
www.theellegroup.ca/
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8
(866) 530-7737
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 03 2025 10:22:45
Toronto Regional Real Estate Board
Exp Realty