Size
1800 sqft
Lot size
7562 sqft
Street frontage
-
Possession
-
Price per sqft
$500
Taxes
$5,500 (2025)
Parking Type
-
Style
Sidesplit
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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®#: 40770101
Property details
Parking:
3
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Sidesplit
MLS Size:
1800 sqft
Lot front:
55 Ft
Lot depth:
137 Ft
Listed on:
Sep 16, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Kitchen | 3.28 x 2.97 ft | |
Main | Dining Room | 3.15 x 3.05 ft | |
Main | Living Room | 5.49 x 3.48 ft |
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