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For Sale
Just Listed

111 McAlpine Avenue S

773 - Lincoln/Crowland, Welland, ON
$772,000
5+1Bd
4Ba
2,250+sqft
6Parking
60 x 119 ftlot
$343/sqft
MultiplexMLS# X13453590Listed 2026-06-161 DOM
Heating
Water Heater Owned
Cooling
Central Air
Basement
Partially Finished

Just listed! New listings in Welland often receive offers within the first week.

About this home

Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering 3 fully self-contained legal units. The property features two units in the main building and a standalone 2-bedroom garden suite, all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, and access to a private front balcony. The garden suite includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rents, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location.

Features

  • Accessory Apartment
  • In-Law Suite
  • Primary Bedroom - Main Floor
  • Water Heater Owned
  • Separate Hydro Meter
  • Separate Heating Controls
  • Guest Accommodations
  • Full
  • Partially Finished
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$3,175.61

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield7.0% – 10.9%

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

Market Data — Welland

Days on market1 days
Buyer's MarketSeller's Market

Based on active listings in Welland. Data updates daily.

Our estimate for this home

Priced 5.4% below estimate
Estimated range
$755K$878K
Mid-point $816K · ~$363/sqft
How this listing compares
$755KList · $772K$878K
Medium confidence·Based on 19 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.

$772,000
111 McAlpine Avenue S, Welland
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