27 Park St is a 7-bedroom, 3-bathroom triplex in Welland, listed for $599,999. It has 2000-2500 sq ft of living space.
1Cash-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.
2Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters.
3Private double driveway provides 6 total parking spaces.
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.
7 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $300 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 27 Park St
Every detail from the listing, in one place.
Type
Triplex
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Partial Basement, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Partial Basement · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Triplex
27 Park St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14170588$599,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 27 Park St Compares to the Welland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,948
/mo
based on the purchase price of $599,999
$120,000 cash
$479,999 financed
$404,285 total interest
Principal54%$479,999
Interest46%$404,285
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Park Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 27 Park St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 27 Park St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Keep looking near 27 Park St
Homes for sale in Welland
Every active Welland MLS® listing, updated all day.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings454Homes for sale here right now.
Median vs prior 90 days−3.1%Compared with May 15 – Aug 13, 2026: prices down.
Based on 282 sales from Aug 13 – Nov 11, 2026 (246 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 27 Park St
How much is 27 Park St listed for?
27 Park St is listed at $599,999 (MLS® X14170588). Summitly updates the price as soon as the MLS® record changes.
Is $599,999 a good price for 27 Park St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Welland. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 27 Park St changed?
No — 27 Park St is still listed at its original asking price of $599,999.
How many bedrooms and bathrooms does 27 Park St have?
27 Park St has 7 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a triplex in Welland.
How much would the monthly mortgage be on 27 Park St?
About $2,948 a month — principal and interest on $599,999 with 20% down ($120,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 27 Park St compare with other homes in Welland?
Its asking price of $599,999 is about 14% above the median sold price in Welland over the last 90 days, $527,500, across 282 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 27 Park St been sold before?
Summitly has no earlier MLS® sale or lease of 27 Park St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 27 Park St?
27 Park St is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 27 Park St been on the market?
27 Park St was listed today (November 11, 2026).
What is the price per square foot of 27 Park St?
About $240 to $300 per square foot: the asking price of $599,999 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 27 Park St have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 27 Park St have a basement, and is it finished?
The listing describes the basement as: Partial Basement, Unfinished.
