59 Asher Street, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 768 - Welland Downtown. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 30 x 90.3 ft lot
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned, Other
- Efficient radiant heating via gas
Description
Attention investors and first-time home buyers! Don't miss this fantastic opportunity to own a solid, maintenance-free duplex in a desirable Welland neighbourhood. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers exceptional flexibility and income potential. The main floor unit features 2 bedrooms, a bright living room, kitchen, and a 4-piece bathroom, with the possibility of converting the living room into a third bedroom for added value. This unit also includes access to the unfinished basement, complete with laundry, a 100-amp electrical service, and plenty of storage space. The current main floor tenant is vacating as of August 1, 2026, providing an excellent opportunity for owner occupancy or to secure a new tenant at current market rents. The upper unit offers 2 bedrooms, a spacious eat-in kitchen, a 4-piece bathroom, and its own 100-amp sub-panel. The upper tenant is happy to stay, providing immediate rental income from day one. Plumbing updated in 2024/2025. Conveniently located close to public transit, grocery stores, restaurants, schools, parks, and other everyday amenities, this is a turnkey investment opportunity with excellent long-term potential. Whether you're an experienced investor or taking your first step into homeownership, this duplex is one you won't want to miss!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, School Bus Route, Place Of Worship, Other
Interior Features
Primary Bedroom - Main Floor, Water Heater Owned, Other
Security Features
Community Features
Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 59 Asher Street, Welland, ON L3B 4J2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Welland, ON
For a property listed at $499,900 in Welland, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
