DAVIDS&DELAAT
123 Dain Avenue
+32 more

Sold

Sold

123 Dain Avenue, Welland, ON, L3B 3E5

Sold May 15, 2026

6Bedrooms
3Bathrooms
1,500Sq. Ft.

About this property

Fully tenanted, turnkey, with immediate cashflow available and 7.32% cap rate. This is an excellent investment opportunity with newly renovated units in great condition with great tenants, paying current market rent. Over [price] in renovations completed at the property, with a newly finished basement, new kitchens, appliances, windows, hot water tank, and more. No expenses spared to create and sustain this well-operating multi-unit property. Each unit is equipped with a full kitchen and appliances (fridge and stove) all newly renovated within the last 5yrs. Each unit has their own laundry appliances - great value add for tenants. Two separate backyards - Main floor tenant enjoys fully fenced yard with a private back deck and garden shed. Upper tenant enjoys their own separate fully fenced yard with a garden shed. 4 parking spots available on the driveway. Basement is fully waterproofed under warranty & new main drain. 3 Separate Hydro Meters with Separate Breaker Panels. 2 Hot Water Tanks. 2 Furnaces. Tenants paying all utilities except water. Excellent location, walking distance to shops, restaurants, library, schools, parks, gym, and more. Public transit stop nearby. School bus route as well. This property checks all the boxes for investors & tenants. Start earning income and watch your asset appreciate in value without lifting a finger, the work has already been completed. Incomes, expenses, leases, and full property details available.

Features

ViewAir ConditioningBasement

Property Details

Listing

MLS® NumberX13129898
StatusSold
ListedMay 15, 2026
Listing TypeFor Sale
Listing OfficeCOLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Property

Property TypeMulti-Family
Interior Size1,500 ft²
Bedrooms6
Bathrooms3

Location

CityWelland
ProvinceON
Postal CodeL3B 3E5

Location & Walkability

123 Dain Avenue, Welland, ON

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Last Updated: May 15, 2026

Listing Office: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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