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For saleMLS® X13453590

111 McAlpine Avenue S, Welland, ON L3B 1T7

Lincoln/Crowland · L3B 1T7

$742,000

$371 / sq ft

4 months on market

Bedrooms
5+1
Bathrooms
4
Interior
2,000 sf
Parking
6
Lot
60 × 119 ft

What's special

  • 6 parking spaces
  • Central air
  • Finished basement
  • Accessory apartment
  • In-law suite
  • Primary bedroom - main floor
  • Water heater owned
  • Separate hydro meter

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About this property

Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering a legal duplex plus an ADU. The property features two units in the main building and a standalone 2-bedroom Additional Dwelling Unit (ADU), 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 ADU 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

Property details

Property

Property type
multiplex
Bedrooms
5 + 1
Bathrooms
4
Interior size
2,000 sq ft
Lot size
60 × 119 ft
Possession
Flexible

Interior

Basement
Full, Partially Finished
Heating
Radiant · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Stone, Vinyl Siding
Parking spaces
6
Sewer
Sewer

Costs

List price
$742,000
Property taxes
$3,176 / year (2025)
Price per sq ft
$371

Listing

MLS® number
X13453590
Status
For sale
Listed
June 16, 2026
Days on market
141
Last updated
November 4, 2026
Listing brokerage
ROCK STAR REAL ESTATE INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 67% of comparable multiplex listings in Lincoln/Crowland are asking less.

$340KMedian $550K$1.30M
This home
$371 / sq ft
Comparable median
$400 / sq ft

Based on 15 comparable active multiplex listings in Lincoln/Crowland. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.6% · minimum $49,200
$49,200
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,830.61
Property tax (est.)
$264.63
Estimated monthly
$4,095

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$11,315
Total due on closing
$11,315

An estimate on the asking price of $742,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROCK STAR REAL ESTATE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$742,000

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