290 Division Street Welland, Ontario L3B 4A4
$525,000
INCREDIBLE INVESTMENT OPPORTUNITY! This spacious 2.5 storey, 2169 sqft LEGAL TRIPLEX located in the heart of Welland is a rare find! Ideal as a residential rental with three unitslive in one and rent out the other twoor leverage the DMC zoning (full list of permitted uses in supplements) to create a commercial property, including options such as a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term Care, Multiple Units, and more! The property offers TWO DRIVEWAYS (one on each side) with space for up to 15 vehicles, leading to a TRIPLE CAR GARAGE. Built in 1920, this home retains its original charm with gorgeous hardwood flooring, 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and a built-in kitchen table with seating and storage cubbies in the main units formal dining room. The triplex includes: a MAIN FLOOR BACHELOR UNIT, a MAIN FLOOR 2-BEDROOM UNIT featuring a large 4 pc bath, expansive foyer, formal dining room, separate kitchen, and covered front porch, plus an UPPER 2-BEDROOM UNIT with extra closet space, a covered sunporch off the living room, and a private third-floor bedroom. Two separate hydro meters serve the units. The basement is partially finished with a 4th bathroom and has been utilized as an additional bedroom with a large egress window. Electrical is updated with a 200 amp panel, separate 100 amp service, and copper wiring. This property is ready for your finishing touches and represents a phenomenal investment opportunity! NOTE: Property is being sold in an "as is, where is" condition. Seller is related to the listing agent. (id:61852)
Property Details
| MLS® Number | X12438455 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 15 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Amenities | Separate Electricity Meters |
| BasementDevelopment | Partially Finished |
| BasementType | N/a (partially Finished), Full |
| CoolingType | None |
| ExteriorFinish | Brick, Stucco |
| FlooringType | Hardwood |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| SizeDepth | 126 Ft ,4 In |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 126.4 Ft |
| SizeTotalText | 50 X 126.4 Ft |
| ZoningDescription | Dmc |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 3.23 m | 4.04 m | 3.23 m x 4.04 m |
| Second Level | Bedroom | 4.04 m | 3 m | 4.04 m x 3 m |
| Second Level | Kitchen | 4.39 m | 3.56 m | 4.39 m x 3.56 m |
| Main Level | Bedroom | 4.11 m | 2.82 m | 4.11 m x 2.82 m |
| Main Level | Living Room | 5.64 m | 3.71 m | 5.64 m x 3.71 m |
| Main Level | Dining Room | 4.14 m | 3.43 m | 4.14 m x 3.43 m |
| Main Level | Kitchen | 3.56 m | 3.02 m | 3.56 m x 3.02 m |
| Main Level | Primary Bedroom | 6.86 m | 3.89 m | 6.86 m x 3.89 m |
| Main Level | Bedroom | 2.54 m | 1.83 m | 2.54 m x 1.83 m |
| Main Level | Kitchen | 2.54 m | 1.83 m | 2.54 m x 1.83 m |
| Other | Bedroom | 4.39 m | 2.29 m | 4.39 m x 2.29 m |
Interested?
Contact us for more information
Alessandra Fiorilli
Salesperson
Veronique Paquette
Salesperson
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October 23 2025 04:33:37
Toronto Real Estate Board
Exp Realty