Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $585,000 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.
LEGAL TRIPLEX - FULLY RENOVATED & TURNKEY INVESTMENT OPPORTUNITY. Welcome to 27 Lasalle Street, a well-maintained and professionally updated triplex offering three self-contained 1-bedroom, 1-bathroom units. Each unit features a functional layout, in-suite laundry, separate entrances, and dedicated parking, providing strong appeal to quality tenants. All units are currently tenanted at market rents, with tenants paying hydro and a portion of water, creating a stable and predictable income stream from day one. Additional features include ductless heating and cooling systems in each unit and a roof in excellent condition, contributing to operational efficiency and tenant comfort. Located in a highly accessible area of Welland, the property is within close proximity to parks, schools, Niagara College Welland Campus, shopping, restaurants, and the Welland Canal Parkway. East Main Street amenities are just a short walk away, with quick access to Seaway Mall and Highway 406. Port Colborne is approximately a 12-minute drive.An ideal opportunity for investors seeking a clean, stabilized multi-residential asset in a growing market.
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Separate Heating Controls, Separate Hydro Meter, Water Heater
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This could be the first listing for this address.
Data-driven valuation for 27 Lasalle Street, Welland, ON L3B 4J5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.
About Purchasing a Home in Welland, ON
For a property listed at $585,000 in Welland, the legal minimum down payment is $33,500 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 $8,175 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 $8,175.
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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.