The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Situated in one of Welland's most sought-after neighbourhoods, this well-maintained legal duplex offers an outstanding opportunity for investors or those looking to add a quality income property to their portfolio. Nestled among mature trees and beautiful character homes, Chippawa Park is known for its charm, walkability, and unbeatable convenience to schools, restaurants, shopping, professional services, public transit, and quick highway access.This spacious duplex features two 3-bedroom units, upstairs is rented to lovely tenants paying $1800 + Hydro and the main floor is $2100 per month +hydro and the main floor is now vacant, providing immediate rental income with future flexibility.The main floor unit offers a generous open-concept kitchen, a bright and expansive living room located in a rear addition, a spacious 4-piece bathroom complete with a separate shower and corner soaker tub, abundant storage, and a welcoming covered front porch.The upper unit showcases beautiful original hardwood flooring, open convent layout, three bedrooms, a 4-piece bathroom, and a charming covered front balcony overlooking this picturesque neighbourhood.Outside, enjoy a fully fenced backyard, ample parking, and two storage sheds. The basement is currently shared, offering common laundry facilities and access to each unit's separate hydro panel. For added value and convenience, the basement layout offers the potential to be divided, allowing each unit its own dedicated laundry, storage area, and hydro panel access.Whether you're looking for a solid investment with reliable rental income or a property with future owner-occupancy potential, this duplex combines strong cash flow with one of Welland's most desirable locations.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,536/mo
Mortgage (principal + interest)$2,057
Property taxFrom listing: $5,743/yr$479
Minimum $29,990 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$109,980
Ontario land transfer taxProvincial brackets, no first-time refund$7,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$120,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Welland has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
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