For Sale
14 Asher Street
768 - Welland Downtown, Welland, ON
$599,000
7Bd
4Ba
< 700sqft
5Parking
70 x 138 ftlot
MultiplexMLS# X12690258Listed 2026-01-13112 DOM
Basement
Unfinished
On the market for 112 days — longer than average. The seller may be open to negotiation.
About this home
Four-plex Apt building under power of sale with exceptional redevelopment potential situated on a Oversized lot for the area. The property has received City of Welland approval for a minor variance supporting a 30-unit mid-rise development, consisting of 30 residential units with surface parking in 2023. The existing building currently contains four self-contained units with separate metering available, all of which are vacant. Ideal for Renovator /Investor to renovate all the rental units and lease out at market rents or rebuild. The site is zoned RM - Medium Density Residential which allows develop as mentioned or on a smaller scale. Don't Miss this Opportunity !
Features
- None
- Unfinished
- Window Unit(s)
- 2-Storey
Financials
Annual Taxes
$4,298
Estimated Rental Income
Entire property$4,500 – $7,000/mo
Rental yield9.0% – 14.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Welland
Days on market112 days
Buyer's MarketSeller's Market
Based on active listings in Welland. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
52
/ 100
Walk Score
Somewhat Walkable
43
/ 100
Transit Score
Some Transit
40
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
You may also like
More homes in Welland
Hand-picked listings with a similar price range and style.
For Sale26 days ago
$729,900
Multiplex
est. $3,200/mo
99 Beatrice Street, 773 - Lincoln/Crowland
Welland, ON
12 bd
6 ba
2,750
6
MLS# X12983216Re/Max Garden City Realty Inc, Br…
WhatsApp Aman
For Sale2 months ago
$679,900
Multiplex
est. $2,981/mo
44 Albert Street, 768 - Welland Downtown
Welland, ON
6 bd
5 ba
2,750
3
MLS# X12885622Coldwell Banker Advantage Real Es…
WhatsApp Aman
For Sale2 months ago
$699,000
Multiplex
est. $3,064/mo
224 Mitchell Street, 876 - East Village
Port Colborne, ON
11 bd
7 ba
—
4
MLS# X12887386Re/Max Niagara Realty Ltd, Broker…
WhatsApp Aman
For Sale6 months ago
$699,900
Multiplex
est. $3,068/mo
229 Elgin Street W, 550 - Arnprior
Arnprior, ON
8 bd
5 ba
4,250
8
MLS# X12561804Right At Home Realty
WhatsApp Aman