Welland, ON L3B 4A4,290 Division Street
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Welland, ON L3B 4A4,290 Division Street
Welland, ON L3B 4A4,290 Division Street
Welland, ON L3B 4A4,290 Division Street
Welland, ON L3B 4A4,290 Division Street
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Listed by Lisa Ibba • ROYAL LEPAGE NRC REALTY
$ 549,000
Est. payment /mo
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Active

290 Division Street Welland, ON L3B 4A4

5 Beds

3 Baths

2,169 SqFt


UPDATED:

09/26/2024 04:21 PM

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


Hal Canoglu

Agent | License ID: 5012956

+1(226) 700-1210

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290 Division Street