27 Park Street, Welland, ON L3B 4M3
768 - Welland Downtown, Welland · Near King St · View map
About this home
Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 7
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 17
- Basement
- Partial Basement, Unfinished
- Lot size
- 58 x 145.5 ft
- Faces
- South
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Driveway spaces
- 4
- Total parking
- 6
- Parking features
- Private Double
Taxes & other
- Property taxes
- $2,314/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate w/ Tenants
- Cross street
- King St
- Neighbourhood
- 768 - Welland Downtown
More
- Price per sq ft
- ~$267 (at 2,250 sq ft)
- MLS® number
- X14170588
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The home and its surroundings
- Separate Hydro Meter
- Public Transit
- Place Of Worship
- Park
- School
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
27 Park Street, Welland, ON L3B 4M3
768 - Welland Downtown, Welland · Near King St
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Listing history for 27 Park Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 27 Park Street
Answers come straight from this home’s MLS® listing.
How much is 27 Park Street listed for, and what would it cost each month?
27 Park Street is listed for $599,999. With 20% down ($120,000), the mortgage payment would be roughly $2,420 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,613 a month, all in. That figure is an illustration, not a quote.
Is 27 Park Street freehold or a condo, and is there a monthly fee?
27 Park Street is a triplex in 768 - Welland Downtown, Welland. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 27 Park Street have?
27 Park Street has 7 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 27 Park Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 6 parking spaces.
Does 27 Park Street have a finished basement?
The listing describes the basement as partial basement, unfinished.
What style of home is 27 Park Street?
27 Park Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 27 Park Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 58 x 145.5 ft.
How is 27 Park Street heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 27 Park Street?
Property taxes are $2,314 a year (2025), or about $193 a month.
Where is 27 Park Street?
27 Park Street is in the 768 - Welland Downtown community of Welland. The nearest main intersection is King St. The postal code is L3B 4M3.
Is 27 Park Street still for sale?
Yes. It is an active listing (MLS® X14170588). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 27 Park Street asking?
Similar properties for sale nearby right now include 31-33 Grove Street at $624,900 (8 bed), 62 Burgar Street at $629,900 (6 bed) and 132 Hellems Avenue at $649,000 (6+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 27 Park Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 27 Park Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 768 - Welland Downtown, picked by style, size and price.
Duplex$624,90031-33 Grove Street, Welland8 bed · 4 bath · 768 - Welland DowntownCourtesy of: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGEView home →
Duplex$629,90062 Burgar Street, Welland6 bed · 3 bath · 768 - Welland DowntownCourtesy of: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGEView home →
Fourplex$649,000132 Hellems Avenue, Welland6+1 bed · 4 bath · 768 - Welland DowntownCourtesy of: REVEL Realty Inc., BrokerageView home →Courtesy of: RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.