




28 Grove Street, Welland, ON
L3B 4B4
Listed November 7, 2026
About this property
High-Yield Potential in the Heart of WellandAttention investors, house-hackers and growing families! This solid-brick 2-storey home at 28 Grove St, built in 1920, is a rare chance to build equity in a growing market. Use it as an income-producing duplex or a spacious family home with room to grow.Currently a duplex, it features a 1-bedroom, 1-bath unit on the main floor and a sprawling upper unit with a flexible layout for up to 4 bedrooms. Live in one unit and let the other help carry your costs, rent both for steady cash flow, or convert back to a single-family home. Zoned RL2.Over a century old, the home is rich with original character: solid wood trim, pocket doors and classic fireplace mantels, the perfect canvas for a modern renovation. Two hydro meters, one gas meter and a mix of on-lot and street parking mean the groundwork for a high-performing rental is already in place. Sold "AS IS," it's ideal for buyers ready to add significant value.Live where Welland comes alive! Minutes from the Welland Recreational Canal, enjoy kayaking, paddle boarding, walking trails, Concerts on the Canal and the revitalized Merritt Island. The bus station is a block away, with restaurants, major retail, professional services and quick highway access close by.Whether it's your family home or an income-producing duplex, 28 Grove St offers a solid foundation, timeless character and a location tenants and homeowners will love. Book your showing today!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 28 Grove Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$77,980 · Minimum $19,495
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$2,703/mo
About $32,436 a year
- $1,725
- $198
- Home insurance$125
- Utilities$330
- Maintenance & repairs$325
Cash needed to close
- Down payment (20%)
- $77,980
- Ontario land transfer tax
- $4,324
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $84,804
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
28 Grove Street, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: November 7, 2026
Listing Office: REAL BROKER ONTARIO LTD.
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