House · For saleAug 20, 2026$399,900
Welland · Lincoln/Crowland
$399,900
Added 4 days ago
Property type
Investment
Lot
34.33 × 130.39 Feet
Taxes
$2,556 /yr
MLS®
X14145532
Listed by
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RE/MAX NIAGARA REALTY LTD, BROKERAGE
Source
TRREB
Days on market
4
Added
Nov 3, 2026
A turnkey, fully tenanted duplex in the heart of downtown Welland. The 2-bedroom units rents for $1,409/month and the 1-bedroom for $1,178/month, both plus hydro and gas, for $31,044 in gross annual rent. Both units are separately metered, so tenants pay their own hydro and gas. Owner costs are just water, taxes and insurance, about $6,777 a year, for a net operating income of roughly $24,267 before vacancy and maintenance. Major items are covered, including a 2024 roof and updated electrical and a 2025 hot water tank in Unit 2. Both units have 100-amp breaker panels with copper wiring, and plumbing is copper, ABS and PEX. The walkable location near the Farmer's Market, shopping, schools and transit keep rental demand steady.
136 Regent Street, Welland, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$1,776/mo
Principal + interest
$1,776
Total interest
$213,001
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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