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Welland,ON L3B 4A4
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,169 sqft
Price per Sqft $253
MLS Listing ID 40635805
Bedrooms 5
Abv Grd Liv Area 2,169
Originating Board Niagara
Year Built 1920
Annual Tax Amount $3,517
Property Description
AMAZING INVESTMENT OPPORTUNITY! This outstanding 2.5 storey, 2169 sqft LEGAL TRIPLEX in the heart of Welland is a unique opportunity as a residential rental of 3 units, purchase and live in one unit and rent out the other two, or take advantage of the DMC zoning (full list of permitted uses in supplements) and create a commercial use property offering business space ranging from a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term care, Multiple Units for just a partial list! This substantial property has TWO DRIVEWAYS (one on either side of the house) w/parking for up to 15 cars that lead to a large backyard with a TRIPLE CAR GARAGE. The building boats the 1920 original charm seen throughout from the stunning original hardwood flooring to 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and built-in kitchen table, seating and storage cubbies in the formal dining room of the main unit. This property contains THREE UNITS: A BACHELOR ON THE MAIN FLOOR + A MAIN FLOOR STUNNER WITH 2 BEDROOMS, LARGE 4 PC BATH, HUGE FOYER, FORMAL DINING ROOM PLUS SEPARATE KITCHEN AND SPRAWLING COVERED FRONT PORCH, + AN UPPER 2 BEDROOM UNIT WITH EXTRA CLOSET SPACE, A COVERED SUNPORCH OFF OF THE LIVING ROOM AND THE SECOND BEDROOM ON THE THIRD FLOOR OFFERING EXTRA PRIVACY. There are TWO SEPARATE HYDRO METERS (one for the main floor units and one for the upper unit). The basement is partially finished with a 4th bathroom and has been finished and used as another bedroom with a large EGRESS WINDOW. The panel is a 200 amp with separate 100 amp and copper wiring. This property awaits your creative finishing and is an excellent investment opportunity!
Location
Province ON
County Niagara
Area Welland
Zoning dmc
Direction EAST MAIN TO DIVISION
Rooms
Other Rooms Workshop
Basement Full,Partially Finished
Kitchen 0
Interior
Interior Features Accessory Apartment,Separate Hydro Meters
Heating Forced Air,Natural Gas
Cooling Wall Unit(s)
Fireplace No
Appliance Refrigerator,Stove,Washer
Laundry Other
Exterior
Exterior Feature Private Entrance,Separate Hydro Meters
Garage Detached Garage,Asphalt
Garage Spaces 3.0
Fence Fence - Partial
Waterfront No
Roof Type Asphalt Shing
Porch Porch,Enclosed
Lot Frontage 50.0
Lot Depth 126.42
Parking Type Detached Garage,Asphalt
Garage Yes
Building
Lot Description City Lot,Public Transit
Faces EAST MAIN TO DIVISION
Story 2.5
Foundation Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Stucco,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 641130012
Ownership Freehold/None