$619,999

For sale

26 Balmoral Avenue, Welland (Lincoln/Crowland) - Multi-family for Sale

26 Balmoral Avenue, Welland (Lincoln/Crowland), Ontario, L3B1S4

6 beds3 baths4 parking1,750 ft²60 × 80 ft (4,800 sq ft) lot sizeListed 21 days ago

Overview

This multi-family property in Welland is for sale offering roughly 1,750 sq ft of space. It has been on the market 21 days, fresher than the Welland average of 71 days.

Multi-Family Properties for Sale in Welland →All real estate in Welland →

Description

Motivated seller. No lowball offers. Solid building with solid money making potential. Entire upper floor completely renovated into a nice family space (6/2024). Planned completion of the basement into a fully separate unit 60% complete. 3 separate hydro meters installed, basement has bathroom, incomplete kitchen and semi finished living room/bedroom. total rents are 3449. Plus potential for another 1000-1250 in rent for basement if work is completed. Main floor and basement are connected by metal fire door can also make a great 2 floor main unit. Turn key investment with great tenants willing to stay! ** NOTE: Interior pictures were taken before tenants moved in. caution: measurements of main and basement are subject to being completed. NOT MEASURED OR CORRECT as of 14/10/2026 (id:66096)

Property Details

MLS®: X14033214
Property Type: Multi-family
Zoning: RM2
Bedrooms: 6
Beds (above / below): 6 above · 0 below
Bathrooms: 3
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 60 × 80 ft (4,800 sq ft)
Frontage: 60 ft
Storeys: 2
Basement: Partially finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system, None
Garage: No Garage
Property Tax: $3,081/yr
Listed: 21 days ago

Rooms

Basement

Utility room: 3.05 x 3.05 meters
Kitchen: 3.05 x 3.05 meters
Living room: 4.57 x 3.05 meters
Bathroom: 3.05 x 1.22 meters

Main level

Bathroom: 3.05 x 3.05 meters
Living room: 3.05 x 3.05 meters
Kitchen: 3.05 x 3.05 meters
Bedroom: 3.05 x 3.05 meters
Bedroom 2: 3.05 x 3.05 meters
Bedroom 3: 3.05 x 3.05 meters

Features

Appliances: Water meter, Central Vacuum, Two stoves, Two Washers, Water Heater, Two Refrigerators
Foundation: Concrete
Exterior: Concrete, Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Welland (Lincoln/Crowland) listings, avg age

71d

Price / ft²

$354

List price

$620K

Haho

This 6-bed multi-family in Welland (Lincoln/Crowland) has been listed for 21 days, which is 50 days fresher than the city average of 71. Act while there is still low competition.

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Listed by EXP REALTY · JASON WOYCHESKO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3B)

This home lists at $619,999, about 9.3× the local median household income of $66,500.

Carrying it typically needs a household income of about $121,108 (20% down, 25-yr amortization, stress-tested) — roughly 82% above the area median.

Median household income: $66,500
Population: 25,869
Median age: 43.2
Owner / renter: 66% / 35%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3B)

$619,999· $354/ft²

For sale

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Full Cost Breakdown

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Down Payment5.97% · $36,999.90

Min 5.97%50%

Mortgage payment$3,232/mo

↳ CMHC premium ($23,320 capitalized)

Property tax (est.)$257/mo

Total monthly$3,489

Cash Needed to Close

Down payment (5.97%)$37,000

Land transfer tax$8,875

Est. closing costs$4,360

Total cash needed$50,235

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