FOR SALE
$1,049,900
52 PICTON MAIN, Prince Edward County, ON, K0K 2T0
9
5
3000-3500
About the Property
About the Property
A turnkey, income generating property in the heart of Welland. This exceptionally well maintained, 5-unit residential apartment building sits in a highly desirable central location, offering strong rental appeal and long-term value, with significant recent capital improvements including a new hot water heating system (2024), newer vinyl thermo windows 2018, and with on-site laundry for all tenants. Most units feature updated flooring and fresh paint, while the exterior stucco 2021 is in excellent condition reflecting the pride of ownership. Tenants benefit from an unbeatable location within walking distance to a major shopping plaza on Lincoln St., two elementary schools, the scenic Welland Canal walking and cycling paths, and vibrant downtown amenities.
This property is also serviced by the Niagara Region wide bus route, making it attractive to a broad tenant base. Additional highlights include separate hydro meters, on site parking, and a double car garage at the rear of the property with the potential to generate an additional $1,200 annually by renting out half the garage space. Currently tenanted by quality, reliable residents, this solid and centrally located multi-unit investment asset represents a rare find in one of Niagara's growing communities.
Features
Property Details
MLS#:
X13125466
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
9
Heating Fuel:
Forced Air
Bathrooms:
5
Heating Type:
Forced Air
Parking:
2 Spots
Cross Street:
Garner Ave
Basement:
Separate Entrance, Partially Finished, Other
A turnkey, income generating property in the heart of Welland. This exceptionally well maintained, 5-unit residential apartment building sits in a highly desirable central location, offering strong rental appeal and long-term value, with significant recent capital improvements including a new hot water heating system (2024), newer vinyl thermo windows 2018, and with on-site laundry for all tenants. Most units feature updated flooring and fresh paint, while the exterior stucco 2021 is in excellent condition reflecting the pride of ownership. Tenants benefit from an unbeatable location within walking distance to a major shopping plaza on Lincoln St., two elementary schools, the scenic Welland Canal walking and cycling paths, and vibrant downtown amenities.
This property is also serviced by the Niagara Region wide bus route, making it attractive to a broad tenant base. Additional highlights include separate hydro meters, on site parking, and a double car garage at the rear of the property with the potential to generate an additional $1,200 annually by renting out half the garage space. Currently tenanted by quality, reliable residents, this solid and centrally located multi-unit investment asset represents a rare find in one of Niagara's growing communities.
Features
Property Details
MLS#:
X13125466
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
9
Heating Fuel:
Forced Air
Bathrooms:
5
Heating Type:
Forced Air
Parking:
2 Spots
Cross Street:
Garner Ave
Basement:
Separate Entrance, Partially Finished, Other
Maintenance:
Exterior:
Stone
Possession Date:
Jun 30, 2026
Presented By:
REAL BROKER ONTARIO LTD.
Maintenance:
Exterior:
Stone
Possession Date:
Jun 30, 2026
Presented By:
REAL BROKER ONTARIO LTD.