HN
15 Avenue Place, Welland, ON L3B 4B2, Welland, ON
+19 photos
$599,900

15 Avenue Place, Welland, ON L3B 4B2, Welland, ON

Welland, ON L3B 4B2
5 beds 5 baths Detached

About this home

Welcome to 15 Avenue Place just steps from the scenic Welland Canal! This spacious 2.5-storey detached home offers exceptional versatility with three self-contained units, making it ideal for large families or investors seeking strong rental potential. Boasting 5 bedrooms and 5 bathrooms, this well-maintained property provides ample living space throughout. The main floor features a generous living room, eat-in kitchen, dining room, two bedrooms, and two bathrooms. The second level includes two bedrooms, a large living room, a second eat-in kitchen, a 4-piece bathroom, and access to a private walk-out balcony-perfect for relaxing outdoors. At the rear of the second floor, you'll find a separate self-contained unit complete with its own kitchen, bedroom, and bathroom. The basement offers additional potential with a separate side entrance, a fully finished bathroom, laundry area, and abundant storage space. Two separate hydro meters add further convenience and flexibility for multi-unit use. Ideally located close to public transit

Property Score

66/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
45/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
62/100good
Based on local school rankings (Fraser Institute proxy).
Affordability
101% of city avggood
Priced above Welland's average of $595,000.
Appreciation Trend
+1.2%/yrgood
Welland has seen +1.2% YoY price change.
Monthly Cash Flow
+$28/mofair
Estimated $28/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
5.67%excellent
Net operating income divided by purchase price.
Basement Suite Potential
+$1,290/moexcellent
Existing/legal suite estimated at $1,290/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13088982
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.