Single Family Residence for sale at 428 Thorold Road, Welland, ON, L3C 3W6 - N. Welland - MLS: 40824697

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428 Thorold Road

Welland, ON, L3C 3W6 - N. Welland

$679,900

Neighbourhood

N. Welland
Major Intersection

Listed Since: 2 day(s)
Last update: today

Overview

Property Type

Single Family Residence, 1.5 Storey
Bedrooms

3 + 2
Bathrooms

3
Basement

Full, Finished, Sump Pump
Kitchen

n/a
Total Parking

10
Lot Size

60.15x152.89 (Square Feet)
Taxes

$3,360.00 (2025)
Type

Freehold

Property Description

Property description for 428 Thorold Road, Welland

Turnkey LEGAL TRIPLEX in the heart of Welland delivering strong, reliable income. Situated on an exceptional 60 x 153 ft corner lot, this property offers rare outdoor space and the potential for up to 10-car parking, ideal for tenants and future flexibility. This well maintained building features three self-contained units, each with separate hydro meters and private in-suite laundry, a highly desirable setup for both investors and end-users. A shared front foyer provides access to the main and upper units, while the lower unit enjoys a separate rear entrance for added privacy. A sump pump has also been installed for added peace of mind. **UNIT 1 is bright featuring a comfortable living space, eat-in kitchen, one bedroom, four-piece bath, and its own laundry (Currently Vacant market rent $1,400 + 30% utilities) offering immediate leasing or owner-occupancy potential. **UNIT 2 offers both main floor and 2nd floor living, a spacious layout with a large living area, oversized kitchen with ample cabinetry, two bedrooms, and a four-piece bathroom (Tenanted $1,650 + 40% utilities). **The LOWER UNIT 3 is a 2 bed room, fully finished with a newer kitchen, updated bathroom, and modern flooring, offering a large living area, dedicated dining space, and in-suite laundry (Currently Vacant market rent $1,575 + 30% utilities). Ideal for investors seeking a low-maintenance asset with strong cash flow, or buyers looking to live in one unit while generating rental income. Extensive upgrades include full legalization of Triplex in 2023 with a 200-amp electrical panel, upgraded 1" plumbing, and complete renovation of the lower unit (kitchen, bath, flooring, paint, fixtures). In 2026, the upper unit was further improved with a new kitchen, doors, baseboards, and fresh paint throughout.

Listed by Rock Star Real Estate Inc.

Property details

MLS #

40824697
Sq. Ft

1450
Sq. Ft. Source

MLS
Lot Irregularities

60.15 ft x 136.20 ft x 23.26 ft x 43.70 ft x 152.8
Year Built

1948
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

10
Family Room

n/a
Den

n/a
Exterior

Aluminum Siding
Fireplace

n/a
Roof

Metal
Foundation

Concrete Perimeter
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Natural Gas
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

40824697
Sq. Ft

1450
Sq. Ft. Source

MLS
Lot Irregularities

60.15 ft x 136.20 ft x 23.26 ft x 43.70 ft x 152.8
Year Built

1948
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

10
Family Room

n/a
Den

n/a
Exterior

Aluminum Siding
Fireplace

n/a
Roof

Metal
Foundation

Concrete Perimeter
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Natural Gas
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Bathroom

1.91 x 1.91 ft Basement level

3-Piece
Bedroom

3.71 x 2.24 ft Basement level
Bedroom

4.42 x 3.33 ft Second level
Bedroom

4.32 x 1.93 ft Second level
Bathroom

2.79 x 2.26 ft Second level

4-Piece
Living Room

5.69 x 3.94 ft Basement level
Living Room

4.14 x 3.48 ft Main level
Kitchen

3.96 x 2.34 ft Main level
Kitchen

3.89 x 2.87 ft Basement level
Bedroom

3.12 x 3.61 ft Basement level
Kitchen/Living Room

5.79 x 4.27 ft Main level
Bathroom

2.74 x 1.83 ft Main level

4-Piece
Bedroom

3.35 x 3.96 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 428 Thorold Road, Welland

This property has been sold 2 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Single Family Residence in N. Welland

Active listings

Average Selling Price of a Single Family Residence

March 2026

$587,471

Last 3 Months

$601,240

Last 12 Months

$619,217

March 2025

$638,222

Last 3 Months LY

$663,731

Last 12 Months LY

$650,938

Change

-8%

Change

-9%

Change

-5%

Number of Single Family Residence Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-33%

Change

-33%

Change

-17%

How many days Single Family Residence takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-10%

Change

Average Selling price

Inventory Graph

Mortgage Calculator

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Down Payment ($)

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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