428 THOROLD ROAD

Welland, , L3C3W6, Canada

$679,900

Turnkey LEGAL TRIPLEX in the heart of Welland delivering strong, reliable income. Situated on an exceptional 60 x 153 ft corner lot, this property offers rare outdoor space and the potential for up to 10-car parking, ideal for tenants and future flexibility. This well maintained building features three self-contained units, each with separate hydro meters and private in-suite laundry, a highly desirable setup for both investors and end-users. A shared front foyer provides access to the main and upper units, while the lower unit enjoys a separate rear entrance for added privacy. A sump pump has also been installed for added peace of mind. **UNIT 1 is bright featuring a comfortable living space, eat-in kitchen, one bedroom, four-piece bath, and its own laundry (Currently Vacant market rent $1,400 + 30% utilities) offering immediate leasing or owner-occupancy potential. **UNIT 2 offers both main floor and 2nd floor living, a spacious layout with a large living area, oversized kitchen with ample cabinetry, two bedrooms, and a four-piece bathroom (Tenanted $1,650 + 40% utilities). **The LOWER UNIT 3 is a 2 bed room, fully finished with a newer kitchen, updated bathroom, and modern flooring, offering a large living area, dedicated dining space, and in-suite laundry (Currently Vacant market rent $1,575 + 30% utilities). Ideal for investors seeking a low-maintenance asset with strong cash flow, or buyers looking to live in one unit while generating rental income. Extensive upgrades include full legalization of Triplex in 2023 with a 200-amp electrical panel, upgraded 1? plumbing, and complete renovation of the lower unit (kitchen, bath, flooring, paint, fixtures). In 2026, the upper unit was further improved with a new kitchen, doors, baseboards, and fresh paint throughout.

Last updated on : Tuesday 28th of April 2026 05:55:46 PM

ADDRESS

Street : 428 THOROLD ROAD

City : Welland

Country : Canada

Postal Code : L3C3W6

Open in Google Map

PROPERTY SUMMARY

Property ID : 40824690

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 5

Bathrooms : 3

Parking : 10

Similar Properties

Multi-family

241 GUELPH AVENUE

Cambridge, Ontario, N3C1A9

$750,000

Beds: 5Baths: 3

property Type: Duplex

type: Sale

Carolyn Lund
5 hours ago

DETAILS

Multi-family

428 THOROLD ROAD

Welland (West Welland), Ontario, L3C3W6

$679,900

Beds: 5Baths: 3

property Type: Other

type: Sale

LONG LI
6 hours ago

DETAILS

Multi-family

26 MACDONELL AVENUE

Toronto (Roncesvalles), Ontario, M6R2A2

$2,800,000

Beds: 5Baths: 5

property Type: Other

type: Sale

ADRIAN ALVAREZ DEL ARENAL RUIZ
8 hours ago

DETAILS

Multi-family

10 REDWOOD AVENUE

Toronto (Greenwood-Coxwell), Ontario, M4L2S6

$1,199,000

Beds: 5Baths: 2

property Type: Duplex

type: Sale

SANAK SAHA
13 hours ago

DETAILS

Multi-family

286 EAST 18TH STREET

Hamilton, Ontario, L9A4P6

$949,900

Beds: 5Baths: 3

property Type: Duplex

type: Sale

Drew Woolcott
3 weeks ago

DETAILS

Inquire about this property