Property Information:
Newly built Tri-plex! 3 x 2 bedroom units. A multi-residential investment property located at 40 & 46 Pietz Ave in Welland, completed in early 2025 the reputable local builder - Silvergate Homes. This turnkey asset features three well-designed 2-bedroom, 1-bathroom units, each with its own private entrance for enhanced tenant privacy. Each unit is thoughtfully finished with modern open-concept layouts, spacious kitchens and living areas, ample storage, and full bathrooms with tubs. Each tenant benefits from in-suite laundry with new washer and dryers, plus individual HVAC systems for independent comfort and efficiency. In total, the property offers approximately 2,939 sq ft of clean, functional, low-maintenance living space. Located on a quiet street just off Broadway St., in Welland’s South West end, the property provides excellent access to local parks, schools, transit, shopping, dining, and quick highway connections via HWY 58 and 406. Its location continues to attract strong, stable tenant demand from families, professionals, and tradespeople—further supported by proximity to Niagara College and ongoing regional growth. With brand-new in 2024 construction, investors benefit from minimal maintenance, reduced capital costs, and strong rental potential in one of Niagara’s most promising markets. These properties can be purchased separately or together 40 and 46 Pietz Ave Welland. (id:27)
Building Features:
-
Style:
Triplex
-
Building Type:
Triplex
-
Basement Development:
Finished
-
Basement Type:
Full
-
Construction Material:
Wood frame
-
Exterior Finish:
Concrete, Stone, Vinyl siding, Wood
-
Floor Space:
2939 sqft Square Feet
-
Foundation Type:
Poured Concrete
-
Heating Type:
Forced air
-
Heating Fuel:
Natural gas
-
Cooling Type:
Central air conditioning
