314 Broadway Street, Welland, ON L3C 5L9
Welland, ON, L3C 5L9 · 772 - Broadway
About this property
Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure-simply start collecting.The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system.Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don't miss this rare, stress-free income generator!
Features & Amenities
- Basement: Separate Entrance, Full, Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | Bungalow |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Basement | Separate Entrance, Full, Finished |
| Garage | None |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $2,776 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Accessory Apartment
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Separate Entrance, Full, Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 2
- Parking Total
- 2.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 100.25
- Lot Width
- 36.42
Financial & Tax
- Tax Annual Amount
- $2,776
- Tax Year
- 2026
- Tax Assessed Value
- $146,000
- Possession Type
- Other
- Possession Details
- IMMED W/TENANTS
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 2
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Niagara
- Cross Street
- PRINCE CHARLES DRIVE
- Directions
- PRINCE CHARLES DRIVE TO BROADWAY AVE
- Special Designation
- Unknown
- Showing Requirements
- Showing System, List Salesperson
Location
314 Broadway Street, Welland, ON L3C 5L9, Welland, ON, L3C 5L9