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111 MCALPINE Avenue S, Welland — listed at $762,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
How is the space laid out across floors?+
This is a 2-storey multi-family. The 6 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 6 spaces.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,175.61, heating is heat pump, radiant heat, electric, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — central air conditioning, wall unit cooling is in place.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is 111 MCALPINE Avenue S a good fit for a growing family?+
With 6 bedrooms and 4 bathrooms (2347 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
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