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Investment signal

$729,900

99 BEATRICE STREET

Beds

Baths

Sqft

—

Year

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Location

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About this home

Rare chance to acquire a fully occupied 6-plex in Welland positioned in an area with strong future upside driven by nearby development and ongoing growth. The property includes five 2-bedroom units and 1 3 bedroom, new heat pumps (2024), coin laundry, a large yard, plenty of parking. Three units have already been renovated, creating a strong foundation for increased revenue and further value-add potential. Well maintained and located in a quiet neighbourhood near amenities, this is a turnkey multifamily asset with stable income today and room for tomorrow's upside. (id:65958)

Subtype: Multi-family
Structure: Other
Community: 773 - Lincoln/Crowland
Lot dimensions: 58 x 125 FT
Bedrooms: 12 above grade
Parking: 6 total
Stories: 2.5
On market: Apr 10, 2026
Status changed: Apr 17, 2026
Annual tax: $5,894.86 (2026)
Photos: 27
MLS#: X12983216
Area: WELLAND_(LINCOLN/CROWLAND)

Features and systems

Parking

No Garage

Basement

FinishedN/A

Appliances

All

Heating

Heat PumpElectric

Cooling

Wall unit

Exterior

Vinyl siding

Foundation

Concrete

Negative cash flow ~$1,442/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.85%

Cap rate

3.52%

GRM

16.7

Break-even rent

$5,168

Financing

Down payment$145,980

Loan amount$583,920

Mortgage$3,582/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$335

Insurance$80

Maintenance$608

CapEx reserve$304

Vacancy loss$183

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Welland (Lincoln/Crowland). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,582/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.