Skip to main content
78 PRICE Avenue

78 PRICE Avenue

Welland, Ontario

6 bed • 2 bath • Multi-family

$619,900

Excellent North Welland investment opportunity! This fully renovated legal duplex offers strong income potential and flexibility, ideal for investors or those looking to live in one unit while generating rental income from the other. Situated on a generous 60 x 132 ft lot, this solid brick property features two self-contained units with separate hydro meters. The upper unit spans approximately 1,700 sq ft across the main and second floors, offering 4 spacious bedrooms, a 4-piece bathroom, a large living room, separate dining area, and a fully renovated kitchen with granite countertops and stainless steel appliances. In-suite laundry and oversized windows provide added convenience and natural light. The legal basement apartment features a separate entrance and offers approximately 850 sq ft with 2 bedrooms plus a den and 1 bathroom. This recently renovated unit includes vinyl plank flooring, a modern kitchen with stainless steel appliances, in-suite laundry, egress windows, and full fire and sound separation—making it fully compliant and rental-ready. The property also includes a private, fully fenced yard with mature trees, parking for up to 5 vehicles, and a detached double-car garage with new roof and doors—ideal for additional income potential, storage, or a workshop. Located close to downtown Welland, parks, schools, public transit, golf, and highway access, this turn-key duplex is a rare opportunity offering immediate income potential and long-term value.

Price History

Property

Lot Size
0.18 acres

Schools

Elementary

  • Ross Public School0.4 km

    Public · DSB Niagara · 290 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 43% met the provincial standard

  • Glendale Public School0.5 km

    Public · DSB Niagara · 360 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 33% met the provincial standard

  • St Kevin Catholic Elementary School0.6 km

    Catholic · Niagara CDSB · 390 students

    Grade 3 reading: 91% met the provincial standard · Grade 6 math: 92% met the provincial standard

Secondary

  • Notre Dame College School0.8 km

    Catholic · Niagara CDSB · 1130 students

    Grade 10 literacy: 85% met the provincial standard

  • Welland Centennial Secondary School0.9 km

    Public · DSB Niagara · 1050 students

    Grade 10 literacy: 87% met the provincial standard

  • ÉSC Saint-Jean-de-Brébeuf2 km

    French Catholic · CS catholique MonAvenir · 390 students

    Grade 10 literacy: 91% 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 L3C

Population
33,462
Private dwellings
14,273
Median age
45.6
Average household size
2.4
Median household income
$78,500

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
$532,500
Homes sold
763
Median days on market
32
Sale-to-list price
96.3%

Based on 763 recorded sales of multi-family properties in Welland over the last 12 months.

Walk Score

77

Walk

28

Transit

64

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$123,980

Estimated Monthly Payment

$3,045

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,045/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $155/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences