264 Hellems Avenue

Welland, ONDetached
$649,000
MLS® X13809880
Detached7 beds2 baths24 total
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About This Property

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided. (id:63604)

Key Facts

Type
Detached
Beds
7
Baths
2
Size
1,100 sqft
Lot
42 x 210 FT
Parking
24 total

Highlights

  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Furniture
  • Two stoves
Property Details 17 details
Bedrooms
7 bedrooms
5 above grade + 2 below grade
Bathrooms
2 bathrooms
Parking
24 parking spaces
Detached Garage · Garage
Living area
1,100 - 1,500 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Finished
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
42 x 210 FT
Frontage
42 feet
Taxes
$4,412.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorDishwasherDryerFurnitureTwo stovesSeparate Electricity Meters

Exterior features

Vinyl siding
Rooms 10 rooms
Level
Room
Dimensions
Main level
Kitchen
4.26 m x 3.35 m
Main level
Bedroom
3.35 m x 3.35 m
Main level
Bedroom 2
3.35 m x 3.35 m
Main level
Bedroom 3
3.35 m x 3.35 m
Main level
Bedroom 4
3.35 m x 3.35 m
Main level
Bedroom 5
3.35 m x 3.35 m
Basement
Kitchen
6.7 m x 4.26 m
Basement
Living room
6.7 m x 4.26 m
Basement
Bedroom
3.35 m x 3.35 m
Basement
Bedroom
3.35 m x 3.35 m
Mortgage & Affordability Estimate monthly costs
Purchase price$649,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Welland Downtown
City
Welland
Postal code
L3B 3B7
Nearby
Lincoln St/Hellems Ave