11 PATSY AVENUE
Cornerstone · L3B3M1
$399,999
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
Estimated monthly payment
$1,871/mo
Loan amount
$319,999
Down payment
$80,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
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
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently 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.
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