$449,900
↓ $45,000 from $494,900
Est. payment $1,992/moCalculate yours
314 Broadway Street, Welland, ON L3C 5L9
772 - Broadway, Welland, ON L3C 5L9
- 2 + 1 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of REAL BROKER ONTARIO LTD. MLS® X13514942
About this home
Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure-simply start collecting.The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system.Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don’t miss this rare, stress-free income generator!
Property details
Overview
- Property Type
- Duplex
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Size
- 700 sqft
Interior
- Bedrooms
- 2 + 1
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Separate Entrance, Full, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 36.42 x 100.25 Feet
- Parking
- None garage · 2 total
- Zoning
- RL2
Financial
- Property Taxes
- $2,776 (2026)
Location
- Neighbourhood
- 772 - Broadway
- Cross Street
- PRINCE CHARLES DRIVE
- Direction Faces
- South
Listing
- MLS® Number
- X13514942
- Days on Market
- 108
- Listed On
- 2026-07-02
- Possession
- IMMED W/TENANTS
- Listed By
- REAL BROKER ONTARIO LTD.
Features
Interior
- Accessory Apartment
Pool
- None
- Excluded
- All Tenant belongings
- Rental items
- NONE
Mortgage calculator
Estimated mortgage payment
$1,992 per month
- Principal and interest
- $1,992
- Property tax
- $231
- Condo fees
- $0
- Estimated monthly cost
- $2,223
Your mortgage
- Mortgage amount
- $359,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $237,698
Cash to close
- Down payment
- $89,980
- Land transfer tax
- $5,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $95,453
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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