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About This Property

Fantastic investment opportunity to own this spacious detached with 8 bedrooms! Turn-key income property in a prime location beside Niagara College. Oversized corner lot 55 x 126 ft with no rear neighbours. Bright and freshly painted throughout. Functional layout for multi-generational families, and renting out to students. There's separate units with total of approx 2900 sqft finished area. Fully tenanted with 4 bedrooms on the main floor, and additional 4 rooms in the lower unit with separate entrance. Both units have their own kitchen, full bath, and ensuite laundry. Double car garage and driveway. Huge backyard with large deck and shed. Central vac on the main floor. Located in high demand Welland neighbourhood close to all amenities, public transportation, shopping mall, groceries, restaurants, and more. Recent upgrades include lower unit kitchen 2024 and wide plank vinyl floors 2025. Furnace 2022 and A/C 2021. Roof 35yr shingles 2020 for the house and shed. Legal basement retrofit with city permit. Property is fire code compliant. Main panel 100 amp with additional 65 amp panel. Great tenants. Reasonably priced property management is available if needed. Please provide advance notice for viewings. (id:63604)

Key Facts

Type

Detached

Beds

Baths

Size

1,500 sqft

Lot

55 x 126 FT

Parking

4 total

Highlights

Freezer
Two stoves
Two Refrigerators

Property Details 18 details

Bedrooms

8 bedrooms

4 above grade + 4 below grade

Bathrooms

2 bathrooms

Parking

4 parking spaces

Attached Garage · Garage

Living area

1,500 - 2,000 sq. ft.

Property

Single Family · Bungalow · Freehold · Detached

Property subtype

Single Family

Structure type

House

Architectural style

Bungalow

Ownership

Freehold

Attached status

Detached

Storeys

Basement

Apartment in basement, Separate entrance

Heating

Forced air, Natural gas

Cooling

Central air conditioning

Fireplace

Yes

Lot dimensions

55 x 126 FT

Frontage

55 feet

Taxes

$5,834.00

Water source

Municipal water

Sewer

Sanitary sewer

Interior features

FreezerTwo stovesTwo Refrigerators

Exterior features

BrickConcrete

Lot and water

Carpet Free

Rooms 11 rooms

Level

Room

Dimensions

Ground level

Living room

5.84 m x 4.75 m

Lower level

Bedroom

5.08 m x 3.048 m

Ground level

Kitchen

3.15 m x 7.62 m

Ground level

Bedroom

3.937 m x 3.3 m

Ground level

Bedroom 2

3.3 m x 4.191 m

Ground level

Bedroom 3

3.657 m x 2.54 m

Ground level

Bedroom 4

3.175 m x 4.191 m

Lower level

Kitchen

5.33 m x 3.962 m

Lower level

Bedroom

3.556 m x 3.3 m

Lower level

Bedroom

4.11 m x 3.048 m

Lower level

Bedroom

4.191 m x 3.556 m

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Mortgage & Affordability Estimate monthly costs

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Purchase price$668,000

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: N. Welland
City: Welland
Postal code: L3C 6Z6
Nearby: Cross Streets: First Ave and Woodlawn Rd. ** Directions: Niagara St. to Quaker Rd. and First Ave.