40 Pietz Avenue, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 772 - Broadway. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,050,000 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 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 36.31 x 101.78 ft lot
- Features a apartment, finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Separate Heating Controls, Separate Hydro Meter, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover a rare opportunity to acquire two newly constructed triplexes. 40 Pietz Ave and 46 Pietz Ave, being offered together as a combined 6 unit multi-residential investment, or as a separate semi-detached Triplex. Each address is a fully independent, self contained triplex with its own title, thoughtfully built in 2025 by reputable local builder Silvergate Homes. Each triplex contains 3 units per address, with every unit featuring 2 bedrooms, 1 full bathroom with tub, a private separate entrance, in suite laundry with washer and dryer, HVAC system, and open concept kitchen and living areas with closet space, combining for approximately 2,939 SF of modern living space at each address. These are two separate properties on two separate titles, being sold together as a package. Ideally situated on a quiet street just off Broadway in Welland's south end, both properties offer convenient access to parks, schools, public transit, shopping, dining, and major routes including quick connections to the 406, making the units highly attractive to a steady pool of reliable long term tenants such as young professionals, families, and tradespeople. This turnkey investment minimizes immediate maintenance, capital expenditures, and vacancy risk while supporting premium rents. Don't miss this rare chance to secure two fully modern, income generating triplexes in one strategic investment.
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Interior Features
Separate Heating Controls, Separate Hydro Meter, Sump Pump, Water Meter
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Pricing & Value Insights
Data-driven valuation for 40 Pietz Avenue, Welland, ON L3C 1Z5
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About Purchasing a Home in Welland, ON
For a property listed at $1,050,000 in Welland, the legal minimum down payment is $210,000 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 $17,475 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 $17,475.
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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.