46 COMMERCIAL Street, Welland, ON
Property no longer active
This property was sold on June 24, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium concrete and metal/steel siding construction, this residence presents an exceptional opportunity offered at $739,900 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 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 57.6 x 100 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient other configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attn Investors and House Hackers! This recently renovated, fully legal triplex offers three stunning, self-contained units on a spacious lot. Each unit features its own in-suite laundry and ample parking. Additionally, the property includes a large detached 2-car garage with potential for an accessory dwelling unit (ADU). The comprehensive renovation includes a new roof (2020), hot water heater (2020), and waterproofing (2008), ensuring peace of mind for years to come. Conveniently located near various local amenities and major highways, this property provides easy access to all of Niagara. It's also just 500 meters from Linamar's upcoming giga casting factory, expected to create 200 jobs by early 2025. Nestled in the heart of Welland, this exceptional property is perfect for the savvy investor seeking a turn-key solution. It's also an ideal choice for those looking to offset mortgage payments through house-hacking or for multi-generational living. Don't miss out on this amazing opportunity!
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Property Summary
This triplex located at 46 COMMERCIAL Street, Welland is currently for sale and has been available on SousaSells for 547 days. This property is listed at $739,900 with an estimated mortgage of $2,463* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 46 COMMERCIAL Street, Welland is in the 773 - Lincoln/Crowland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 46 COMMERCIAL Street, Welland, ON L3B 2P4
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 $739,900 in Welland, the legal minimum down payment is $48,990 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 $11,273 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 $11,273.
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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.