123 Dain Avenue

123 Dain Avenue
123 Dain Avenue
123 Dain Avenue
+33
5+1
 bed
3
 bath
3
 parking
1500 - 2000
 sqft
Duplex
$674,900
For Sale
3 days
 on site
$674,900
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Size
-
Lot size
4748 sqft
Street frontage
-
Possession
2026-07-01
Price per sqft
$337 - $450
Taxes
$2,605 (2025)
Parking Type
-
Style
2-Storey
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Description
Fully tenanted triplex, turnkey, with immediate cashflow available and 7.32% cap rate. This is an excellent investment opportunity with 3 newly renovated units in great condition with great tenants, paying current market rent. Over $100K in renovations completed at the property, with a newly finished basement, new kitchens, appliances, windows, hot water tank, and more. No expenses spared to create and sustain this well-operating multi-unit property. Each unit is equipped with a full kitchen and appliances (fridge and stove) all newly renovated within the last 5yrs. Each unit has their own laundry appliances - great value add for tenants. Two separate backyards - Main floor tenant enjoys fully fenced yard with a private back deck and garden shed. Upper tenant enjoys their own separate fully fenced yard with a garden shed. 4 parking spots available on the driveway. Basement is fully waterproofed under warranty & new main drain. 3 Separate Hydro Meters with Separate Breaker Panels. 2 Hot Water Tanks. 2 Furnaces. Tenants paying all utilities except water. Excellent location, walking distance to shops, restaurants, library, schools, parks, gym, and more. Public transit stop nearby. School bus route as well. This property checks all the boxes for investors & tenants. Start earning income and watch your asset appreciate in value without lifting a finger, the work has already been completed. Incomes, expenses, leases, and full property details available.
Broker: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
MLS®#: X13129898
Property details
Parking:
3
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
40 Ft
Lot depth:
118 Ft
Listed on:
May 14, 2026
Show all details
Rooms
LevelNameSizeFeatures
Main
Laundry
6.2 x 3.9 ft
Main
Dining Room
9.1 x 6.4 ft
Main
Kitchen
9.5 x 12.7 ft
Show all
Instant estimate:
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$43,707
lower than listed price
i
High
$643,817
Mid
$631,193
Low
$595,152
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About 123 Dain Avenue

123 Dain Avenue is a Welland duplex for sale. 123 Dain Avenue has an asking price of $674900, and has been on the market since May 2026. This 1500-2000 sqft duplex has 5+1 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this duplex.

For those residents of 123 Dain Ave, Welland without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Ontario Rd / Beatrice St) and is not far connecting you to Welland's public transit service. It also has route Ontario Rd nearby.