40 Pietz Avenue Welland, Ontario L3C 1Z5
$1,199,900
Discover this new 6 unit multi-residential investment opportunity at 40 & 46 Pietz Ave in Welland, thoughtfully constructed in 2025 by the reputable local builder Silvergate Homes. This turnkey property features three spacious 2-bedroom, 1-bathroom units at each address, each offering its own private separate entrance, in-suite laundry with brand-new appliances including washer and dryer, individual HVAC systems for tenant comfort and control, open-concept kitchen and living areas with closet space, and full bathrooms complete with tubs, combining for approximately 2,939 sq ft of efficient and modern living space at each address. Ideally situated on a quiet street just off Broadway in Welland's south end, the location provides convenient access to local amenities, parks, schools, public transit, shopping, dining, and major routes including quick connections to the 406, making these units highly attractive to a steady pool of reliable long-term tenants such as young professionals, families, and tradespeople in a market supported by strong rental demand, population growth, and Niagara College proximity. With fresh 2025 construction minimizing immediate maintenance, capital expenditures, and vacancy risk while supporting premium rents in a value-driven Niagara secondary market known for excellent investment opportunity. Don't miss this rare chance to secure a fully modern, investment property. (id:56248)
Property Details
| MLS® Number | X12941788 |
| Property Type | Multi-family |
| Community Name | 772 - Broadway |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size, Sump Pump |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 0 To 5 Years |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk Out, Separate Entrance |
| Basement Type | N/a, N/a (finished), N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 101 Ft ,9 In |
| Size Frontage | 36 Ft ,3 In |
| Size Irregular | 36.3 X 101.8 Ft |
| Size Total Text | 36.3 X 101.8 Ft |
| Zoning Description | Rl2 |
https://www.realtor.ca/real-estate/29540517/40-pietz-avenue-welland-broadway-772-broadway
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March 31 2026 11:25:31
The Oakville Milton & District Real Estate Board
Real Broker Ontario Ltd., The Agency