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For Sale

40 Pietz Avenue

772 - Broadway, Welland, ON
$1,050,000
6Bd
3Ba
2,250+sqft
3Parking
36.31 x 101.78 ftlot
$467/sqft
MultiplexMLS# X12941788Listed 2026-03-31113 DOM
Heating
Separate Heating Controls
Cooling
Central Air
Basement
Finished with Walk-Out

On the market for 113 days — longer than average. The seller may be open to negotiation.

About this home

Discover a rare opportunity to acquire two newly constructed triplexes. 40 Pietz Ave and 46 Pietz Ave, being offered together as a combined 6 unit multi-residential investment, or as a separate semi-detached Triplex. Each address is a fully independent, self contained triplex with its own title, thoughtfully built in 2025 by reputable local builder Silvergate Homes. Each triplex contains 3 units per address, with every unit featuring 2 bedrooms, 1 full bathroom with tub, a private separate entrance, in suite laundry with washer and dryer, HVAC system, and open concept kitchen and living areas with closet space, combining for approximately 2,939 SF of modern living space at each address. These are two separate properties on two separate titles, being sold together as a package. Ideally situated on a quiet street just off Broadway in Welland's south end, both properties offer convenient access to parks, schools, public transit, shopping, dining, and major routes including quick connections to the 406, making the units highly attractive to a steady pool of reliable long term tenants such as young professionals, families, and tradespeople. This turnkey investment minimizes immediate maintenance, capital expenditures, and vacancy risk while supporting premium rents. Don't miss this rare chance to secure two fully modern, income generating triplexes in one strategic investment.

Pool

Features

  • Separate Heating Controls
  • Separate Hydro Meter
  • Sump Pump
  • Water Meter
  • Apartment
  • Finished with Walk-Out
  • Separate Entrance
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$0

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield5.1% – 8.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Welland

Days on market113 days
Buyer's MarketSeller's Market

Based on active listings in Welland. Data updates daily.

Our estimate for this home

Priced 32.2% above estimate
Estimated range
$735K$854K
Mid-point $794K · ~$353/sqft
How this listing compares
$735KList · $1.05M$854K
Medium confidence·Based on 15 welland comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

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.

$1,050,000
40 Pietz Avenue, Welland
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