40 Pietz Avenue Welland, Ontario L3C 1Z4
$1,050,000
Newly built Tri-plex! 3 x 2 bedroom units. A multi-residential investment property located at 40 & 46 Pietz Ave in Welland, completed in early 2025 the reputable local builder - Silvergate Homes. This turnkey asset features three well-designed 2-bedroom, 1-bathroom units, each with its own private entrance for enhanced tenant privacy. Each unit is thoughtfully finished with modern open-concept layouts, spacious kitchens and living areas, ample storage, and full bathrooms with tubs. Each tenant benefits from in-suite laundry with new washer and dryers, plus individual HVAC systems for independent comfort and efficiency. In total, the property offers approximately 2,939 sq ft of clean, functional, low-maintenance living space. Located on a quiet street just off Broadway St., in Welland’s South West end, the property provides excellent access to local parks, schools, transit, shopping, dining, and quick highway connections via HWY 58 and 406. Its location continues to attract strong, stable tenant demand from families, professionals, and tradespeople—further supported by proximity to Niagara College and ongoing regional growth. With brand-new in 2024 construction, investors benefit from minimal maintenance, reduced capital costs, and strong rental potential in one of Niagara’s most promising markets. These properties can be purchased separately or together 40 and 46 Pietz Ave Welland. (id:48469)
Property Details
| MLS® Number | 40816682 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | School Bus |
| EquipmentType | Water Heater |
| Features | Crushed Stone Driveway, Sump Pump |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | Water Heater |
| Structure | Porch |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 6 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 2024 |
| ConstructionMaterial | Wood Frame |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Concrete, Stone, Vinyl Siding, Wood |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2939 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Open |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Hospital, Park, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 101 Ft |
| SizeFrontage | 36 Ft |
| SizeTotalText | 1/2 - 1.99 Acres |
| ZoningDescription | Rl2 |
https://www.realtor.ca/real-estate/29540284/40-pietz-avenue-welland
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May 12 2026 09:52:27
REALTORS® Association of Hamilton-Burlington
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