23 Avenue Place
Welland DowntownWelland, ONL3B 4B2Near King St and Avenue Place
- 5 beds
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
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What this listing tells us
Legal Triplex! Located downtown Welland, a well maintained home and ready to be leased. The units are vacant and when rented it makes an exceptional cash flow positive investment. When it was rented in 2024, the property was grossing $56,700.00 annually and is now offered at a 7% cap rate. Unit 1 (2-beds) was renting for $1,750, Unit 2 (3-beds) for $1,650.00, and unit 3 (bachelor) for $1,300.00. Located just steps from the vibrant Welland Farmers' Market, Merritt Island Park, the Welland River, and the city's revitalized downtown core, this charming turn-of-the-century home is ideally located for convenience and lifestyle. Live in one unit while generating rental income from the others, or co-purchase with a partner to build equity together. The home has been well maintained and retains much of its original charm, while offering updated functionality. Updates: Electrical (2024), Bathroom Renovated 3rd floor (2025), New Appliances in 3rd floor (2025), Insulated 2nd floor ceiling to improve with sound from top floor (2025). Coined washer and dryer are not included but available for purchase if needed. Boiler has been serviced every year. Separate hydro and gas meters and three hot water heaters. This is a solid house and investment.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jun 24, 2026 | Sold | Sold | $1,690 | +$40 (2.4%) | X13172548 | View |
| May 24, 2026 | Previously listed | New | $1,300 | — | X13180958 | View |
| May 24, 2026 | Previously listed | Lsd | $1,650 | — | X13172548 | View |
| May 7, 2026 | Previously listed | Ter | $1,650 | — | X13096932 | View |
| May 7, 2026 | Previously listed | Ter | $1,250 | — | X13097392 | View |
| Mar 31, 2026 | Sold | Sold | $1,990 | +$190 (10.6%) | X12732216 | View |
| Jan 27, 2026 | Previously listed | Exp | $1,650 | — | X12732588 | View |
| Jan 27, 2026 | Previously listed | Exp | $1,350 | — | X12732672 | View |
| Jan 27, 2026 | Previously listed | Lsd | $1,800 | — | X12732216 | View |
| Nov 5, 2025 | ListedCurrent | For sale | $539,000 | — | X12511612 | This page |
| May 20, 2025 | Previously listed | Ter | $549,000 | — | X12164718 | View |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
4- Heating
- Radiant
- Air conditioning
- None
- Water source
- Municipal
- Sewer
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the Welland market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Welland market right now
Average sold price, days on market, and closed-transaction count for Welland — sourced from MLS®.
- Avg sold price$558,903Last 30 days
- Median sold price$544,700Middle of the market
- Days on market41 dAvg from list to close
- Closed last 30d217MLS® transactions
We'll get you into 23 Avenue Place — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 23 Avenue Place and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.
How much is 23 Avenue Place listed for?
23 Avenue Place is listed at $539,000 on the MLS® (listing X12511612). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 23 Avenue Place have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
