27 Park Street

About this Property

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.

Listing Details

MLS #

40877727

Board

ITSO

Market

ontario

Property Type

Multi-3 Unit

Style

Residential Income

Year Built

1900

Garage Spaces

2

Parking Spaces

6

Basement

Partial, Unfinished

Heating

Baseboard, Electric

Cooling

None

Lot Size

58.04 × 146.51 ft

Annual Taxes

$2,314/yr

Listed By

REMAX Escarpment Realty Inc.

Presented By

REMAX Hallmark®

Listed On

November 11, 2026

Days on Market

0

Features & Extras