$762,000
↓ $10,000 from $772,000
Est. payment $3,374/moCalculate yours
111 McAlpine Avenue S, Welland, ON L3B 1T7
773 - Lincoln/Crowland, Welland, ON L3B 1T7
- 5 + 1 Beds
- 4 Baths
- 2,000 Sq Ft
Listing courtesy of ROCK STAR REAL ESTATE INC. MLS® X13453590
About this home
Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering a legal duplex plus an ADU. The property features two units in the main building and a standalone 2-bedroom Additional Dwelling Unit (ADU), all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, and access to a private front balcony. The ADU includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rents, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5 + 1
- Bathrooms
- 4
- Kitchens
- 3
- Basement
- Full, Partially Finished
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- Central Air
- Exterior
- Stone, Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 60 x 119 Feet
- Parking
- None garage · 6 total
Financial
- Property Taxes
- $3,176 (2025)
Location
- Neighbourhood
- 773 - Lincoln/Crowland
- Cross Street
- East Main and McAlpine
- Direction Faces
- West
Listing
- MLS® Number
- X13453590
- Days on Market
- 124
- Listed On
- 2026-06-16
- Possession
- Flexible
- Listed By
- ROCK STAR REAL ESTATE INC.
Features
Interior
- Accessory Apartment
- In-Law Suite
- Primary Bedroom - Main Floor
- Water Heater Owned
- Separate Hydro Meter
- Separate Heating Controls
- Guest Accommodations
Pool
- None
- Included
- 3 Fridges, 3 Stoves, 3 Dishwashers, 2 B/I Microwaves, 2 Washers, 2 Dryers, 1 Combined Washer-Dryer, 2 Water Heaters
- Excluded
- Tenants' Belongings
Mortgage calculator
Estimated mortgage payment
$3,374 per month
- Principal and interest
- $3,374
- Property tax
- $265
- Condo fees
- $0
- Estimated monthly cost
- $3,639
Your mortgage
- Mortgage amount
- $609,600
- Mortgage insurance
- Not needed
- Interest over 25 years
- $402,591
Cash to close
- Down payment
- $152,400
- Land transfer tax
- $11,715
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $164,115
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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