PRIME RIVERFRONT INVESTMENT OPPORTUNITY! 80 Mill St, a rare and lucrative investment opportunity awaits with this triplex, strategically located in the heart of Welland. This property features (3) distinct rental units, making it an ideal choice for investors seeking immediate cash flow and long term growth potential. Situated on a generous .50 acre lot backing onto the Welland River, this triplex combines tranquillity of a country like setting with the convenience of urban amenities, ensuring strong tenant appeal and consistent rental demand. The main floor unit is a standout, having been updated to modern standards offering a spacious 3 bedroom, 2 bathroom layout, complete with a finished basement that adds valuable space. The two upper units, each featuring 1 bedroom and 1 bathroom, are currently tenanted, providing investors with immediate rental income. The property's exterior is equally impressive, with ample parking space to accommodate tenants. Location is a key highlight as the property is conveniently close to schools, grocery stores, shopping centres, restaurants, and recreational facilities. Proximity to major roadways also ensures easy commutes to surrounding areas. This property has lots of potential with its combination of immediate rental income from tenants in the upper units, a modernized main floor unit, and a large lot offering future value opportunities. This is a turnkey investment! Don't miss your chance to own this exceptional investment property!
For sale
C$799,900
80 Mill St, Welland, ON L3C 4Y2
5beds
2,928sqft
Single Family Residence, Residential
Built in ----
0.31 Acres Lot
$-- Zestimate®
C$273/sqft
C$-- HOA
What's special
Updated to modern standardsFinished basementAmple parking spaceModernized main floor unit
- 5 days
- on Zillow |
- 30 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 09:36am
Listed by:
Isabel Pinheiro, Broker,
THE AGENCY
Source: ITSO,MLS®#: 40754506Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Features: 4-Piece
- Level: Second
Bathroom
- Features: 4-Piece
- Level: Main
Bathroom
- Features: 4-Piece
- Level: Second
Bathroom
- Features: 4-Piece
- Level: Main
Dining room
- Level: Second
Dining room
- Level: Main
Eat in kitchen
- Level: Second
Eat in kitchen
- Level: Main
Eat in kitchen
- Level: Second
Living room
- Level: Second
Living room
- Level: Main
Living room
- Level: Second
Recreation room
- Description: with full bar with water hook ups.
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: In Basement
Features
- Water Meter
- Basement: Development Potential,Full,Partially Finished,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,928
- Total interior livable area: 2,928 sqft
- Finished area above ground: 2,928
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Asphalt, Private Drive Double Wide
- Uncovered spaces: 10
Features
- Patio & porch: Deck
- Exterior features: Awning(s), Balcony, Landscaped, Private Entrance
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River, Direct Waterfront, North, River Front, River/Stream
- Body of water: Welland River
- Frontage type: North
- Frontage length: 50.00
Lot
- Size: 0.31 Acres
- Dimensions: 50 x 270
- Features: Urban, Ample Parking, Cul-De-Sac, Greenbelt, Quiet Area
Details
- Additional structures: Shed(s)
- Parcel number: 641040069
- Zoning: RL2 EPA
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence, Residential
Materials
- Metal/Steel Siding, Vinyl Siding
- Foundation: Concrete Block
- Roof: Asphalt Shing, Flat
Condition
- 100+ Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal-Metered
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Welland
Financial & listing details
- Price per square foot: C$273/sqft
- Annual tax amount: C$5,457
- Date on market: 7/29/2025
- Inclusions: Other, 3 Fridges & 3 Stoves.
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