




75 State Street, Welland, ON
L3B 4K6
Listed September 12, 2026
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About this property
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!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 75 State Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$109,980 · Minimum $29,990
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
$3,646/mo
About $43,752 a year
- $2,432
- $301
- Home insurance$125
- Utilities$330
- Maintenance & repairs$458
Cash needed to close
- Down payment (20%)
- $109,980
- Ontario land transfer tax
- $7,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $119,953
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
75 State Street, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: September 12, 2026
Listing Office: Royal LePage RCR Realty
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