Residentiae.
For Sale · Cornerstone

11 PATSY AVENUE

Cornerstone · L3B3M1

$399,999

0Bedrooms
0Bathrooms
3Parking
1,400Sq Ft
2Storeys

About this residence

Welcome to 11 Patsy Ave, a legal duplex in the heart of Welland, perfect for investors or owner-occupiers seeking a move in ready income property. This updated up and down duplex with two-two bedroom units features a vacant main floor unit and a tenanted upper unit. Each unit offers 2 bedrooms, 1 full bathroom, a bright living room and a full kitchen. Both units boast fresh neutral paint, updated lighting, and an abundance of natural light. Separate entrances, separate hydro meters, in separate gas meters, with 1 laundry unit which provides excellent tenant appeal. Additional updates include a gas furnace (2019), a new roof (2021), and a stove (2021) for the upper unit. The generous sub-dividable lot provides ample potential for future expansion, a garden suite or additional parking. This rare parcel in central Welland provides long term development potential while maintaining a spacious private yard. Perfectly situated on a quiet, family-friendly street, yet only minutes to brand new amenities near the Lincoln and King st and Prince Charles connections, and just a few minutes to the 4 Lane, Highway 406. The Welland recreational canal and biking and walking trails are just a block away. Whether you're looking to live in one unit and have the tenant help, or add a turn key cash flowing property to your portfolio, this renovated duplex delivers immediate flexibility and long term value. (id:61366)

Property details

Property type
Multi-family
Style
Duplex
Ownership
Freehold
Bedrooms
0
Bathrooms
0
Storeys
2
Living area
1,400 sq ft
Frontage
100 feet
Parking
3 spaces
Year built
1920
Annual tax
$2,149
MLS®
40792924
Board
Cornerstone
Status
Inactive
Listed
Dec 9, 2025
Updated
Dec 9, 2025

Features & finishes

Heating

  • Forced air
  • Natural gas

Basement

  • Partial
  • Unfinished

Exterior

  • Vinyl siding
  • Stucco

Foundation

  • Block

Sewer & Utilities

  • Municipal sewage system

Financing

Mortgage calculator

Estimated monthly payment

$1,871/mo

Amortization

Loan amount

$319,999

Down payment

$80,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Cornerstone

About the area

Census · L3B
25,869
Population
43
Median age
$66,500
Median income
$448,000
Median home value
65%
Home ownership
25 min
Avg. commute

Age distribution

0–14
16%
15–24
10%
25–44
26%
45–64
28%
65+
21%

Tenure

65% owners35% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 11 PATSY AVENUE?

11 PATSY AVENUE is listed for $399,999, in Cornerstone.

How many bedrooms and bathrooms does 11 PATSY AVENUE have?

It offers 0 bedrooms and 0 bathrooms.

What type of home is 11 PATSY AVENUE?

11 PATSY AVENUE is a Multi-family, Duplex set over 2 storeys, built in 1920.

How large is 11 PATSY AVENUE?

The home offers approximately 1,400 sq ft of living space.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $1,871. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $2,149 per year.

Is there parking?

Yes — 11 PATSY AVENUE includes 3 parking spaces.

What is the Cornerstone area like?

Cornerstone has a population of about 25,869, a median age of 43, a 65% home-ownership rate, with an average commute of about 25 minutes.

What is the average home value in Cornerstone?

The median dwelling value in this area is approximately $448,000, based on census data via Neighbourly.

What is the median household income in Cornerstone?

The median household income in this area is approximately $66,500.

Private viewings

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