Price Ave | 12 Unit Conversion

Welland

Property Type: Existing 11-Unit Raised 2-Storey Apartment Building
Scope of Work: Conversion of Basement Laundry Room to Legal 1-Bedroom Unit

Project Overview:
Located in the pro-development city of Welland, this project involves the smart and efficient conversion of an existing basement laundry room into a legal 1-bedroom apartment unit. By transforming underutilized space within this 11-unit raised apartment building, our team was able to add a valuable 12th unit—without any additions or zoning complications.

Welland continues to stand out as an investor-friendly municipality, with supportive city examiners and streamlined approvals, making it an ideal setting for low-barrier, high-yield upgrades like this.

Scope & Strategy:

• Converted the underused basement laundry room into a fully self-contained 1-bedroom residential unit

• Ensured full Ontario Building Code compliance, including:
  • Fire-rated assemblies and separations
  • Legal egress and natural light
  • Minimum ceiling height
  • Mechanical ventilation and independent HVAC

• Included full kitchen, bathroom, and optional in-suite laundry in a compact, livable layout

• Upgraded existing plumbing, HVAC, and electrical systems to accommodate the new suite

• Maintained operations and access for existing 11 units throughout the process

Challenges Solved:

• Maximized the value of existing floor area without impacting the building envelope

• Avoided the need for rezoning or costly additions

• Navigated basement mechanical and layout constraints with an efficient design

• Partnered with responsive and development-friendly city examiners in Welland to expedite review

Investor Benefits:

• Unit count increased from 11 to 12, boosting monthly income and long-term asset value

• Delivered a high-demand, affordable 1-bedroom unit with minimal construction cost

• Located in Welland—known for its pro-development approach and excellent permitting support

• Strategic value-add that increases NOI without adding complexity

Current Status:
Permit submission in progress with Welland building department. Construction scheduled to begin shortly.