112 Dorothy Street, Welland, ON
Property no longer active
This property was sold on May 12, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey triplex located in the coveted neighborhood of 768 - Welland Downtown. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $449,900 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.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 36.09 x 134.46 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- Efficient baseboard heating via electric
Description
Amazing value in this 3-unit property in the heart of Welland!! Fully tenanted to great tenants, this property offers positive cashflow right away! The main floor features a spacious 2BR unit with private entrance at the front of the house. Downstairs, you will find a fully finished 2BR basement apartment with perfect open concept layout. Upstairs, is a charming 1BR unit also with its own private entrance. This property features 3 hydro meters, 3 hot water tanks, plenty of on-site parking and walking distance to the canal, Welland Hospital, restaurants, shops parks and more! Hurry before this perfect investment opportunity passes you by!
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Property Summary
This triplex located at 112 Dorothy Street, Welland is currently for sale and has been available on SousaSells for 540 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 112 Dorothy Street, Welland is in the 768 - Welland Downtown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 112 Dorothy Street, Welland, ON L3B 3V9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Welland, ON
For a property listed at $449,900 in Welland, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.
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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.