Size
-
Lot size
6534 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$350 - $467
Taxes
$2,399 (2024)
Parking Type
-
Style
2-Storey
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Description
Calling All Investors & First-Time Homebuyers! Turnkey Welland Duplex W/ Finished Basement Apartment & Garden Suite Potential!Exceptional Opportunity To Own A Well-Maintained Legal Duplex With A Finished Basement Apartment, Ideal For Generating Multiple Rental Incomes Or Comfortable Multi-Unit Living. The Spacious Main Unit Offers 2 Bedrooms, 1 Bath Over Two Storeys, Featuring A Brand New Kitchen, Open-Concept Layout, Walkout To A Large Backyard, And An Oversized Primary Bedroom With A Private Balcony. Projected Rent: $2,200/Month. The Upper 1-Bed, 1-Bath Unit Has A Separate Rear Entrance And Is Currently Tenanted Month-To-Month At $1,335/Month. The Finished Basement Adds Flexibility And Is Ideal For Additional Rental Income, With A Projected Rent Of $1,200/Month.The Property Includes Two Separate Driveways, Allowing For Parking For 5+ Vehicles, And Is Located In An RM Zoning Area, Which Allows For Further Expansion. Providing Excellent Potential To Increase Value And Rental Income. This Property Offers An Incredible Opportunity For Investors Or Homeowners Looking To Supplement Their Mortgage. 7% Cap Rate Potential. Endless Opportunities Await. Book Your Showing Today! Preliminary Drawings For Garden Suite Potential Available Upon Request.
Broker: ROYAL LEPAGE URBAN REALTY
MLS®#: X12101731
Property details
Parking:
5
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
49 Ft
Lot depth:
132 Ft
Listed on:
Apr 24, 2025
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Instant estimate:
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$9,649
lower than listed pricei
High
$704,157
Mid
$690,350
Low
$650,931