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For saleMLS® X13726648

366 Crowland Avenue, Welland, ON L3B 1X7

Lincoln/Crowland · L3B 1X7

$799,900

$240 / sq ft

2 months on market

Total area
3,328 sf
Lot
45 × 119 ft

What's special

  • Double detached garage
  • Yes

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About this property

All-brick 2-storey multi-residential building in the heart of Welland! This solid investment property features four fully finished 2-bedroom, 1-bathroom units, plus a full basement with two additional units that are approximately 75% complete. With proper city approvals and permits, the building can be completed as a legal 6-unit property, offering excellent value-add potential. Major updates have already been taken care of, including a brand-new tankless boiler system, upgraded main electrical wiring, and a full sprinkler system with alarm. A recent fire inspection and approved fire plan ensure compliance with current safety standards and reduce future risk. A detached double garage provides the option for additional income or secure storage. Located near schools, shopping, and public transit, this is the perfect opportunity for investors seeking both strong rental income and future growth potential in a desirable area of Welland.

Property details

Property

Property type
investment
Interior size
3,328 sq ft
Lot size
45 × 119 ft
Zoning
RL1
Possession
Flex

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Double Detached

Costs

List price
$799,900
Property taxes
$4,815 / year (2025)
Price per sq ft
$240
Rental items
HWT

Listing

MLS® number
X13726648
Status
For sale
Listed
August 31, 2026
Days on market
66
Last updated
September 14, 2026
Listing brokerage
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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 36% of comparable multi-unit / investment listings in Welland are asking less.

$490KMedian $1000K$1.50M
This home
$240 / sq ft
Comparable median
$248 / sq ft

Based on 11 comparable active multi-unit / investment listings in Welland. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.9% · minimum $54,990
$54,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,118.74
Property tax (est.)
$401.25
Estimated monthly
$4,520

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
$12,473
Total due on closing
$12,473

An estimate on the asking price of $799,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE. 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.

$799,900

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