14 AVENUE Place
Welland, Ontario
3 bed • 3 bath • Multi-family
Welcome to 14 Avenue Place in the heart of Welland's evolving downtown core, a turnkey triplex opportunity primed for strong returns. This 1,691 sq ft property features three self-contained units, including two fully renovated one-bedroom suites taken back to the studs, offering modern finishes and the ability to set market rents immediately. With two units delivered vacant, investors have a rare chance to optimise income from day one. This property sits just steps from the Welland Farmers' Market, Merritt Amphitheatre, and the scenic recreational canal with its extensive walking and biking trails. Tenants will appreciate the walkable lifestyle, access to green space, and proximity to transit and downtown amenities. The building includes three kitchens, three bathrooms, and essential appliances, making it a straightforward addition to any portfolio. Whether you are expanding or entering the investment market, this is a strategic acquisition in a rapidly transforming neighbourhood with long-term upside.
Price History
Schools
Elementary
- Plymouth Public School0.9 km
Public · DSB Niagara · 460 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 100% met the provincial standard
- Fitch Street Public School1.1 km
Public · DSB Niagara · 510 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 50% met the provincial standard
- St Mary Catholic Elementary School1.1 km
Catholic · Niagara CDSB · 205 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- Notre Dame College School1.2 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% met the provincial standard
- École secondaire Franco-Niagara2.1 km
French public · CS Viamonde · 120 students
Grade 10 literacy: 100% met the provincial standard
- Eastdale Secondary School2.1 km
Public · DSB Niagara · 455 students
Grade 10 literacy: 92% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3B
- Population
- 25,869
- Private dwellings
- 11,617
- Median age
- 43.2
- Average household size
- 2.3
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Welland · last 12 months
- Median sold price
- $532,750
- Homes sold
- 764
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 764 recorded sales of multi-family properties in Welland over the last 12 months.
Location
Mortgage Calculator
$117,980
Estimated Monthly Payment
$2,898
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,898/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $147/mo
Estimates only. Consult a financial advisor.
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