27 LASALLE Street
Welland, Ontario
Multi-family
LEGAL TRIPLEX – FULLY RENOVATED & TURNKEY INVESTMENT OPPORTUNITY. Welcome to 27 Lasalle Street, a well-maintained and professionally updated triplex offering three self-contained 1-bedroom, 1-bathroom units. Each unit features a functional layout, in-suite laundry, separate entrances, and dedicated parking, providing strong appeal to quality tenants. All units are currently tenanted at market rents, with tenants paying hydro and a portion of water, creating a stable and predictable income stream from day one. Additional features include ductless heating and cooling systems in each unit and a roof in excellent condition, contributing to operational efficiency and tenant comfort. Located in a highly accessible area of Welland, the property is within close proximity to parks, schools, Niagara College Welland Campus, shopping, restaurants, and the Welland Canal Parkway. East Main Street amenities are just a short walk away, with quick access to Seaway Mall and Highway 406. Port Colborne is approximately a 12-minute drive.An ideal opportunity for investors seeking a clean, stabilized multi-residential asset in a growing market.
Price History
Schools
Elementary
- Princess Elizabeth Public School0.5 km
Public · DSB Niagara · 465 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 48% met the provincial standard
- 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
- St Andrew Catholic Elementary School0.9 km
Catholic · Niagara CDSB · 320 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 96% met the provincial standard
Secondary
- École secondaire Franco-Niagara1 km
French public · CS Viamonde · 120 students
Grade 10 literacy: 100% met the provincial standard
- Eastdale Secondary School1 km
Public · DSB Niagara · 455 students
Grade 10 literacy: 92% met the provincial standard
- Notre Dame College School1.5 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% 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
- $533,000
- Homes sold
- 765
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 765 recorded sales of multi-family properties in Welland over the last 12 months.
Location
Mortgage Calculator
$117,000
Estimated Monthly Payment
$2,874
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,874/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $146/mo
Estimates only. Consult a financial advisor.
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