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
See what's nearby
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
Show all details
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 |
Show all
Instant estimate:
orto view instant estimate
$35,450
lower than listed pricei
High
$902,018
Mid
$864,450
Low
$832,654
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.
1/34
$849,900
201 days
4+2BD
4BA
3 Parking
1,500-2,000 sqft
MLS#: X12055806
ROYAL LEPAGE NRC REALTY
1/49
$799,000
54 days
5+1BD
3BA
5 Parking
1,500-2,000 sqft
MLS#: X12365901
ROYAL LEPAGE NRC REALTY
1/42
$768,000
12 days
3BD
2BA
4 Parking
1,500-2,000 sqft
MLS#: X12451185
CENTURY 21 AVMARK REALTY LIMITED