$549,000
 $2,947 est/mo Sourced by Back At You

290 Division Street , Welland, ON L3B 4A4

Welland, ON L3B 4A4

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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!

Details

MLS#40635805
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1920
Days On Site32
Listing Provided ByROYAL LEPAGE NRC REALTY | Lisa Ibba

Features

Bed(s)5
Bath(s)3
SQ Feet2,169
Garage3
BasementY
Story(s)2
Units3
Building(s)1
Zoningdmc
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 4 minutes ago
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 4A4
AreaWelland
Subarea768 Welland Downtown
Community Name768 Welland Downtown
Listing VS Median (in 768 Welland Downtown)
Price:
$549,000
low | high
Med:
$449,950
68.04189435337% of Average
SqFt:
2,169
low | high
Med:
1,180
95.597049331489% of Average
$ / SqFt:
$253
low | high
Med:
$385
2.222673630113% of Average
On Site:
32
low | high
Med:
74.000000
43.243243243243% of Average
Sourced by Back At You
Listing Updated: September 11, 2024 at 11:49:15 AM PDT