Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#4799 +post_id: 496452 +post_author: 1 +"ListingKey": "X12539904" +"ListingId": "X12539904" +"PropertyType": "Residential" +"PropertySubType": "Multiplex" +"StandardStatus": "Active" +"ModificationTimestamp": "2025-11-13T12:07:10Z" +"RFModificationTimestamp": "2025-11-13T12:32:06Z" +"ListPrice": 699900.0 +"BathroomsTotalInteger": 5.0 +"BathroomsHalf": 0 +"BedroomsTotal": 6.0 +"LotSizeArea": 0 +"LivingArea": 0 +"BuildingAreaTotal": 0 +"City": "Welland" +"PostalCode": "L3B 1L8" +"UnparsedAddress": "51 Lyons Avenue, Welland, ON L3B 1L8" +"Coordinates": array:2 [ 0 => -79.2323657 1 => 42.9913735 ] +"Latitude": 42.9913735 +"Longitude": -79.2323657 +"YearBuilt": 0 +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListOfficeName": "COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE" +"OriginatingSystemName": "TRREB" +"PublicRemarks": "Turn key money maker!!! Solid and meticulously maintained 5 unit building located in fabulous neighbourhood close to park, public transit & shops + quick, convenient highway access. Fully occupied w/ NOI of 54,236.62 & Cap Rate near 8% / year with great upside for future rents. ( Unit #1 ( 2 bedroom ) $1488.66 , Unit #2 ( 1 bedroom ) $750.00, Unit #3 ( 1 bedroom ) $942.58, Unit #4 ( 1 bedroom ) $1350.00, Unit #5 ( 1 bedroom ) $1383.75. Units are super clean - building has newer 40yr roof (2018), newer furnace (2021), updated cooper and ABS plumbing & electrical ( 200amp ), replacement windows (2019) & freshly painted stucco exterior. Updates within the units include; newer vinyl plank flooring, 3 have new kitchens & minor update work in the baths ( Unit #2 bath is brand new ). All units have have excellent layouts + street parking permitted. Lower level is set up for future coin op laundry." +"ArchitecturalStyle": "2-Storey" +"Basement": array:4 [ 0 => "Apartment" 1 => "Partially Finished" 2 => "Separate Entrance" 3 => "Walk-Up" ] +"CityRegion": "773 - Lincoln/Crowland" +"ConstructionMaterials": array:1 [ 0 => "Stucco (Plaster)" ] +"Cooling": "None" +"Country": "CA" +"CountyOrParish": "Niagara" +"CreationDate": "2025-11-13T12:11:49.634251+00:00" +"CrossStreet": "Main Street & Lyons Ave" +"DirectionFaces": "West" +"Directions": "Main Street to Lyons Avenue" +"Exclusions": "window AC units are owned by Tenants and they pay an additional $25/ month rent in the months in which they are used" +"ExpirationDate": "2026-02-28" +"FoundationDetails": array:1 [ 0 => "Concrete Block" ] +"Inclusions": "5 fridges, 5 stoves" +"InteriorFeatures": "Water Meter" +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "Niagara Association of REALTORS" +"ListingContractDate": "2025-11-13" +"MainOfficeKey": 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Active
44 Albert Street, Welland, ON L3B 4L2
44 Albert Street, Welland, ON L3B 4L2
Overview
Property ID: HZX12361927
- Multiplex, Residential
- 6
- 5
Description
Prime investment opportunity with this well-kept 5-unit multi-family property. With four quality tenants ensuring stable rental income and the YWCA as the fifth tenant providing guaranteed payments and hassle-free rent collection. Recent 2025 renovations include updated flooring and modernized bathroom and common areas which enhance the property’s appeal. The boiler (10 years old) was serviced in 2025, all plumbing upgraded in 2025 to ABS and PEX-A, ensuring efficiency and reliability. Don,t miss out on this exceptional investment Priced to sell.
Address
Open on Google Maps- Address 44 Albert Street
- City Welland
- State/county ON
- Zip/Postal Code L3B 4L2
- Country CA
Details
Updated on September 21, 2025 at 12:38 pm- Property ID: HZX12361927
- Price: $699,900
- Bedrooms: 6
- Bathrooms: 5
- Garage Size: x x
- Property Type: Multiplex, Residential
- Property Status: Active
- MLS#: X12361927
Additional details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: None
- County: Niagara
- Property Type: Residential
- Pool: None
- Architectural Style: 2-Storey
Features
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