38-40 First Street, Welland, ON L3B 4R9
...
sold
About This Property
Welcome to 38-40 First St., a solid brick 7-unit building offering a fantastic investment opportunity in the heart of Welland. Located in a prime area near new developments, this property is close to a wide range of amenities, including schools, parks, the hospital, recreation facilities, a pharmacy, and the Welland Canal.The building boasts 4,038 square feet of above-grade living space and includes 4 one-bedroom units and 3 two-bedroom units, generating a total annual rental income of $79,511.88. Set on a spacious 100x166 ft lot with favorable INSH zoning, this property also holds significant potential for future development. Don't miss out on this versatile investment - book your showing today!
Property Details
Single Family Home
Sold
X11993763
9
5
3,500
16,584 sqft
March 3, 2026
Features & Amenities
Location
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38-40 First Street, Welland, ON L3B 4R9
38-40 First Street, Welland, ON L3B 4R9
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9