Prop. Type:
Residential Income
Incredible investment opportunity! This spacious is as exceptionally well-maintained 12-unit apartment building features a sought-after mix of 6 large two-bedroom units, 5 one-bedroom units, and 1 bachelor. With 12 dedicated parking spots, shared laundry, and beautifully cared-for interiors and exteriors, this property stands out in today's market as of the strongest performing low rise building in the Niagara region. Currently generating approximately $200,940 in annual rental income, with significant room to increase revenue over time. Located in a thriving Welland neighbourhood close to transit, schools, shopping, and amenities. A rare chance to secure a high-performing multi-residential asset.
General Info:
Property Type:
Residential Income
Property SubType:
Apartment
Year built:
1960
(Age: 65)
Listing General Location:
769 - Prince Charles, Welland
Bedrooms:
18
Bathrooms:
12.0
(Full:-/Half:-)
Lot Details:
116.33 x 135.06
Lot Depth:
135'1" 41.2 m
Lot Frontage:
116'4" 35.5 m
Frontage Type:
South
Kitchens:
0
County Or Parish:
Niagara
Taxes:
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Additional Info:
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Full, Finished
Foundation:
Concrete Block
Roof:
Asphalt Shing
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
8,460 sq. ft. 786 m2
Finished Area Above Grade:
8,460 sq. ft. 786 m2
Fireplace:
false
Laundry Features:
Shared
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Baseboard, Electric
Features Included:
None,1 Dryer, 12 Electric Stoves, 12 Refrigerators, 1 Washer
Appliances Included:
Dryer, Refrigerator, Stove, Washer
Features Excluded:
Tenants Belongings
Directions:
South on Pelham Rd/Left on Fitch St
Financial Info:
HST Applicable To Sale Price:
Included
Association Fee:
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Association Fee Frequency:
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Association Fee 2:
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Association Fee 2 Frequency:
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Administrative Fee:
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Features:
Crops Included: No, Garage: No, New Construction: No
Road Access Fee:
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Electric Expense:
$16,045.56
Snow Garbage Expense:
$1,356
Trash Expense:
$1,420.6
Laundry Income:
$1,342.25
Leases:
Yes
Land Info:
Exposure / Faces:
North
Lot Site Features:
Rectangular, Ample Parking, City Lot, Hospital, Library, Open Spaces, Park, Place of Worship, Public Parking, Public Transit, Quiet Area, Schools
Features:
Crops Included: No, Garage: No, New Construction: No
# Of Total Parking Spaces:
12.0
# Of Open Parking Spaces:
12.0
Driveway Parking:
Outside/Surface/Open
Road Frontage Type:
Municipal Road
Residential Revenue Info:
Licensed Dwelling:
Yes
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
1
Num Occupied Units:
10
Total Units:
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Listing Info:
Listed Date:
Jul 14, 2025