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26 ALBINA Street

26 ALBINA Street

Welland, Ontario

3 bed • 3 bath • Single Family

$499,900

Three Self-Contained Units Offering Strong Income Potential With An Added Opportunity To Acquire A Rare Severed Side Lot For Additional Future Development If Desired. This Property Is Ideal For Investors Looking To Expand Their Portfolio Or Buyers Seeking A House Hack Opportunity While Benefiting From Long-Term Upside. Unit 1 Is Located On The Front Ground Floor And Was Fully Renovated In 2020 With A Modern Kitchen, Updated Bathroom, And New Flooring, Currently Rented At $1,100/Month + 33% Utilities. Unit 2 Located On The Second Floor Was Refreshed In 2021 With Updated Flooring And Vanity And Is Currently Vacant, Providing An Excellent Opportunity To Set Market Rent Or Move In. Unit 3 The Rear Ground Floor Unit Provides Stable All-Inclusive Income At $1083.39/Month. Tenants Are Excellent And On Month-To-Month Leases, Offering Flexibility To Optimize Rents Over Time. Key Updates Include Shingles (2016), Windows, Electrical Wiring, And Portions Of The Plumbing. As An Added Bonus, A Separately Severed Side Lot Is Available With Concept Plans Showing Potential For A Triplex Or Sixplex Development, Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth.

Price History

Schools

Elementary

  • Fitch Street Public School0.7 km

    Public · DSB Niagara · 510 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 50% met the provincial standard

  • Ross Public School1 km

    Public · DSB Niagara · 290 students

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

  • St Kevin Catholic Elementary School1.2 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 School1.1 km

    Catholic · Niagara CDSB · 1130 students

    Grade 10 literacy: 85% met the provincial standard

  • Welland Centennial Secondary School1.8 km

    Public · DSB Niagara · 1050 students

    Grade 10 literacy: 87% met the provincial standard

  • École secondaire Franco-Niagara2.4 km

    French public · CS Viamonde · 120 students

    Grade 10 literacy: 100% 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

Single Family in Welland · last 12 months

Median sold price
$532,750
Homes sold
762
Median days on market
33
Sale-to-list price
96.3%

Based on 762 recorded sales of single family properties in Welland over the last 12 months.

Location

Mortgage Calculator

$99,980

Estimated Monthly Payment

$2,456

Investment Analysis

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

Mortgage: $2,456/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $125/mo

Estimates only. Consult a financial advisor.

R

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