Size
-
Lot size
7562 sqft
Street frontage
-
Possession
2025-11-15
Price per sqft
$450 - $600
Taxes
$5,500 (2025)
Parking Type
-
Style
Sidesplit 4
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Description
Excellent investment opportunity in the City of Welland! This property currently generates $5,700/month in rental income from an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from Welland's latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units Secure steady income now while unlocking significant future development potential in one of Niagara's fastest-growing rental markets.
Broker: HOMELIFE/DIAMONDS REALTY INC.
MLS®#: X12406834
Property details
Parking:
2
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Sidesplit 4
MLS Size:
1500-2000 sqft
Lot front:
55 Ft
Lot depth:
137 Ft
Listed on:
Sep 16, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Basement | Bedroom | 10.5 x 8.8 ft | |
Second | Bedroom 2 | 10.0 x 9.0 ft | |
Sub-Baseme | Bedroom | 10.0 x 10.0 ft |
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Instant estimate:
orto view instant estimate
$22,598
lower than listed pricei
High
$915,428
Mid
$877,302
Low
$845,032
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