Gurvinder Nokwal REALTOR®
For Sale Multiplex 41 days on market

$599,900

Est. payment $2,656/moCalculate yours

75 State Street, Welland, ON L3B 4K6

768 - Welland Downtown, Welland, ON L3B 4K6

  • 3 + 1 Beds
  • 4 Baths
  • 1,500 Sq Ft

Listing courtesy of Royal LePage RCR Realty MLS® X13777316

About this home

An excellent opportunity for investors or those looking for a versatile multi-unit property! This unique property features three separate units, consisting of a duplex with a basement unit and a main floor/upper story unit, plus a detached legal non-conforming garden suite, offering multiple income streams and plenty of flexibility. All three units are separately metered for hydro, making utility management simple and convenient. All units are vacant, giving buyers the opportunity to get market rents or live in the one unit and rent out the other 2 to help pay down the mortgage. The duplex has been refreshed with all-new flooring and paint throughout, along with a new upper and lower front deck. All new heat pumps throughout the main house provide efficient year-round heating and cooling. Additional improvements include a new patio door and two new exterior doors, giving the property a fresh, updated feel. The garden suite has also seen significant improvements, including all-new flooring, a new kitchen, most windows replaced, new front door a refreshed porch, and a new owned water heater. With three separate units, individual hydro metering, and numerous recent improvements completed, this property presents an attractive opportunity for investors looking to expand their rental portfolio or buyers seeking a property with multiple living spaces and income potential. Book your private showing today!

Property details

Overview

Property Type
Multiplex
Style
2-Storey
For
For Sale
Status
New
Size
1,500 sqft

Interior

Bedrooms
3 + 1
Bathrooms
4
Kitchens
3
Basement
Finished

Building & Systems

Heating
Baseboard (Electric)
Cooling
Other, Wall Unit(s), Window Unit(s)
Exterior
Brick Veneer, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle, Membrane
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
35.93 x 132 Feet
Parking
None garage · 3 total

Financial

Property Taxes
$3,613 (2025)

Location

Neighbourhood
768 - Welland Downtown
Cross Street
Kent St and State St
Direction Faces
South

Listing

MLS® Number
X13777316
Days on Market
41
Listed On
2026-09-07
Possession
Immediate
Listed By
Royal LePage RCR Realty

Rooms

Room Level Dimensions
Bathroom Basement 8′ 1″ × 5′ 9″
Bedroom Second 8′ 2″ × 9′ 7″
Dining Room Basement 14′ 3″ × 12′ 6″
Bathroom Ground 6′ 6″ × 8′ 2″
Living Room Main 15′ 6″ × 14′ 1″
Laundry Main 5′ 10″ × 8′ 6″
Bathroom Main 5′ 10″ × 4′ 6″
Dining Room Main 15′ 3″ × 12′ 10″
Bathroom Second 8′ 8″ × 5′ 10″
Laundry Basement 8′ 1″ × 5′ 11″
Kitchen Basement 11′ 9″ × 13′ 11″
Primary Bedroom Second 15′ 6″ × 14′ 1″
Living Room Basement 14′ 3″ × 9′ 3″
Living Room Ground 13′ 7″ × 15′ 5″
Kitchen Main 15′ 5″ × 10′ 10″
Kitchen Ground 13′ 7″ × 12′ 2″
Bedroom Ground 10′ 4″ × 14′ 9″

Features

Interior

  • Accessory Apartment
  • Separate Hydro Meter
  • Water Heater

Pool

  • None
Rental items
Basement hot water heater.

Mortgage calculator

Minimum for this price: $34,990 (5.83%)

Amortization, years

Estimated mortgage payment

$2,656 per month

Principal and interest
$2,656
Property tax
$301
Estimated monthly cost
$2,957

Your mortgage

Mortgage amount
$479,920
Mortgage insurance
Not needed
Interest over 25 years
$316,948

Cash to close

Down payment
$119,980
Land transfer tax
$8,473
Total, before legal fees
$128,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

75 State Street, Welland, ON L3B 4K6 768 - Welland Downtown, Welland, ON L3B 4K6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$599,900 75 State Street, Welland, ON L3B 4K6
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