Property Information:

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. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Amenities: Separate Heating Controls, Separate Hydro Meters
Basement Development: Finished
Basement Type: N/A, N/A, N/A
Exterior Finish: Stone, Vinyl siding
Floor Space: 2000 - 2500 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Water meter, Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 3
Features: Irregular lot size, Sump Pump
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 101.8 Feet
Lot Frontage: 36.2 Feet
Lot Size: 36.3 x 101.8 FT
Zoning: RL2
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 3

Courtesy of: Real Broker Ontario Ltd., REAL BROKER ONTARIO LTD.

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Demographic Information of 40 PIETZ AVENUE, Welland (Broadway), Ontario, L3C 1Z5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,476.30

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.4 %

High school certificate or equivalent

37.9 %

Apprenticeship trade certificate/diploma

6.95 %

College/non-university certificate

26.6 %

University Degree

8.15 %

Commuter

Travel To Work

By Car

94.42 %

By Public Transit

0.39 %

By Walking

1.03 %

By Bicycle

0.0 %

By Other Methods

4.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.8 %

Houses

90.2 %

40 PIETZ AVENUE, Welland (Broadway), Ontario, L3C 1Z5