111 McAlpine Avenue, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $772,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 60 x 119 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient radiant heating via gas
Description
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, and access to a private front balcony. The garden suite includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rents, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location.
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Key Features
Additional Details
Property Details
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Features
Property Features
Interior Features
Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned, Separate Hydro Meter, Separate Heating Controls, Guest Accommodations
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 111 McAlpine Avenue S, Welland, ON L3B 1T7
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About Purchasing a Home in Welland, ON
For a property listed at $772,000 in Welland, the legal minimum down payment is $52,200 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,915 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,915.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.