For Sale

55 Mcalpine Avenue, Welland, Ontario L3B 1T7

$0

55 Mcalpine Avenue, Welland, Ontario L3B 1T7 is For Sale and has a listing price of 4,299,999. The property is located in the Welland . It's been on the website for 60 Days.

  • Investment
    Property Type
  • MLS ID: X12301014
  • Office Name RE/MAX REALTY SPECIALISTS INC.
Property Description

Welcome to 55 McAlpine Ave. S., a well-constructed concrete building offering stability and durability. This property features 23 spacious units, including 8 one-bedroom and 15 two-bedroom apartments, situated in a quiet, desirable neighborhood. Conveniently located near all major retailers, downtown, and major highways, it provides excellent tenant appeal and accessibility. The building is equipped with an elevator for easy access, ample parking at the rear, and on-site laundry facilities for tenant convenience. Each unit has its own separate boiler and on-demand water system, ensuring efficient and reliable service. This property presents a fantastic opportunity for investors seeking a low-maintenance, income-generating asset in a sought-after location.

Property Details
  • MLS ID: X12301014
  • Price: $4,299,999
  • Lot Depth: 238
  • Transaction Types: For Sale
  • Ref ID: X12301014
  • Year Built: N/A
  • Dir / Cross St: East Main/Mcalpine
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/22/2025 X12301014 $4,299,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Welland
  • $732,626 Average List Price
    based on 1 year
  • 314 New Listings
    based on 30 days
  • 81 Median Days on Market
    based on 1 year
  • List vs. Selling Price 163.78 % Up
  • Sold (12mo) 640
  • Rented (12mo) 296

  • 1 Month Change +24.8%
  • 3 Month Change +39.5%
  • 6 Month Change +9.5%
Walkscore
  • 74 Walk Score
    Very Walkable
  • 35 Transit Score
    Some Transit
  • 62 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    88.11%
  • Commercial
    5.68%
  • Condo
    6.04%
  • Land for Sale
    0.17%
Additional Details
  • Heat Type Baseboard
  • Garage Type Outside/surface
  • Taxes: $42,296
  • Last Status New
  • Original Price: $4,299,999
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30/60 DAYS/TBA
  • Listing Entry Date: 22/07/2025 20:37:12
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