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27 Lasalle Street

27 Lasalle Street

Welland, ON

3 bed • 3 bath • approx. 1100-1500 sqft • Triplex • 117 days on market

$585,000Price reduced 2%

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.

Listing Details

Taxes (2025)
$2,510
Originally Listed
$599,000
Listed
April 30, 2026

Price History

Listing history

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Property

Style
2-Storey
Construction
Stone
Roof
Asphalt Shingle
Foundation
Poured Concrete
Interior
Separate Heating Controls, Separate Hydro Meter, Water Heater
Lot Size
35 x 103 Feet

Utilities

Sewer
Sewer
Heat Source
Electric

Location & Legal

Cross Street
Crowland & Lasalle
Zoning
TRIPLEX
Parcel Number
641130312
Possession
Flexible

Commercial

Occupancy
Tenant

Included

Inclusions
All Appliances, All ELF's
Exclusions
Tenant Belongings
Rental Items
Hot Water Heater

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

Residential Freehold 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 residential freehold properties in Welland over the last 12 months.

Listed by

EXP REALTY

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: $209/mo · Insurance: $146/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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