27 Park Street, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Welland Downtown. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $599,999 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.
- 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 58.04 x 145.51 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 2.0 garage spaces (6.0 total parking spaces) with a convenient detached configuration
- Notable attributes: Separate Hydro Meter
- Efficient baseboard heating via electric
Description
Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside.
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Property Summary
This triplex located at 27 Park Street, Welland is currently for sale and has been available for 3 days. This property is listed at $599,999 with an estimated mortgage of $1,997* per month. It has 7 beds, 3 bathrooms, and is 2000-2500 square feet. 27 Park Street, Welland is in the Welland Downtown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Welland Downtown, Welland.
- •7 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Welland Downtown, Welland.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- Place Of Worship
- Park
- School
Interior Features
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Welland?
If you are looking for a house in Welland or researching Welland real estate for sale, this 7-bedroom triplex at 27 Park Street, Welland, ON offers an exceptional opportunity to buy a home in Welland, Ontario. Whether you are a first-time Welland home buyer or comparing active Welland MLS® homes for sale, working with a dedicated Welland buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Welland realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Welland Buyer Budget & Costs
Estimated mortgage: $1,997*/month*. Estimated Ontario Land Transfer Tax: $8,475. First-time Welland home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Welland
Frequently Asked Questions about 27 Park Street, Welland, ON
Q.What is the asking price for 27 Park Street, Welland, ON ?
The current listing price for 27 Park Street, Welland, ON in Welland Downtown, Welland is $599,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 27 Park Street, Welland, ON ?
27 Park Street, Welland, ON is a Triplex (2-Storey) featuring a Partial Basement, Unfinished basement.
Q.What key property features does 27 Park Street, Welland, ON offer?
Key property features include: Public Transit, Place Of Worship, Park, School.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Welland Downtown, Welland
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 27 Park Street, Welland, ON L3B 4M3
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 $599,999 in Welland, the legal minimum down payment is $35,000 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 $8,475 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 $8,475.
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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.
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