
78 PRICE Avenue
Welland, Ontario
6 bed • 2 bath • Multi-family
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
Walk
Transit
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.
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