** PUBLIC OPEN HOUSE SATURDAY APRIL 26th 2-4PM ** Unique Legal Triplex WITH 6.67% CAP RATE in Sought-After Prince Charles Neighbourhood - Live In or Invest! A rare opportunity in the heart of West-End Welland! This beautifully maintained legal side-split triplex sits on an expansive 80 x 118 lot and offers flexibility for homeowners and investors alike. With two fully renovated units (2023) already occupied by excellent tenants, and a vacant STUNNING main-floor unit, you can choose to move in yourself or secure another tenant to complete this high-performing income property. Currently professionally managed, the property can continue under management or be handed over to new ownership with ease. The spacious fenced backyard is thoughtfully divided to provide separate outdoor spaces and features an above-ground pool, a rare bonus for tenant and owner enjoyment. Located just a 10-minute walk to Chippawa Park, offering a wealth of outdoor amenities including a splash pad, ball diamond, volleyball courts, playground, botanical gardens, and more - this location is as family-friendly as it is investment-savvy. Whether you're looking to live in one unit and rent the rest, or fully lease all three, this property is a turnkey opportunity with an attractive cap rate and strong rental potential for years to come. HIGHLIGHTS : *Legal triplex with side-split layout *Two units with quality tenants *Vacant main-floor unit live-in or rent out *Fully fenced yard with above-ground pool * Located in desirable Prince Charles neighbourhood *Close to schools, parks, shopping & transit *Professionally managed optional continuation. Don't miss this exceptional investment in a quiet, established community! (id:61594)
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| MLS® Number | X12060230 |
| Property Type | Multi-family |
| Community Name | 769 - Prince Charles |
| Amenities Near By | Hospital, Park, Public Transit, Schools |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Features | Carpet Free, Gazebo, Sump Pump |
| Parking Space Total | 4 |
| Pool Type | Above Ground Pool |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Amenities | Fireplace(s) |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished) |
| Construction Style Split Level | Sidesplit |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Garage | |
| No Garage |
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 118 Ft ,10 In |
| Size Frontage | 81 Ft ,1 In |
| Size Irregular | 81.1 X 118.9 Ft ; 118.90ft X 81.05ft X 85.23ft X 116.61ft |
| Size Total Text | 81.1 X 118.9 Ft ; 118.90ft X 81.05ft X 85.23ft X 116.61ft|under 1/2 Acre |
| Zoning Description | Rl1 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom | 2.07 m | 2.86 m | 2.07 m x 2.86 m |
| Lower Level | Other | 2.08 m | 1.5 m | 2.08 m x 1.5 m |
| Lower Level | Other | 6.86 m | 1 m | 6.86 m x 1 m |
| Lower Level | Living Room | 3.21 m | 4.28 m | 3.21 m x 4.28 m |
| Lower Level | Kitchen | 3.21 m | 2.13 m | 3.21 m x 2.13 m |
| Lower Level | Bedroom | 2.86 m | 3.46 m | 2.86 m x 3.46 m |
| Lower Level | Living Room | 6.59 m | 3.3 m | 6.59 m x 3.3 m |
| Main Level | Living Room | 5.08 m | 3.62 m | 5.08 m x 3.62 m |
| Main Level | Dining Room | 2.88 m | 2.99 m | 2.88 m x 2.99 m |
| Main Level | Kitchen | 4.09 m | 2.84 m | 4.09 m x 2.84 m |
| Main Level | Primary Bedroom | 4.31 m | 3.24 m | 4.31 m x 3.24 m |
| Main Level | Bedroom 2 | 3.21 m | 3.23 m | 3.21 m x 3.23 m |
| Main Level | Bedroom 3 | 3.26 m | 2.89 m | 3.26 m x 2.89 m |
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