9 Kingsway Street

9 Kingsway Street
9 Kingsway Street
9 Kingsway Street
+46
5
 bed
3
 bath
10
 parking
2195 - 2195
 sqft
Unavailable
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19506 days
 on site
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$799,000
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Size
-
Lot size
724.64 sqm
Street frontage
W
Possession
-
Price per sqm
$3,917
Taxes
$3,892.74 (2023)
Parking Type
Detached Garage
Style
-
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Description
This is a rare opportunity to own a beautiful waterfront property with many mature trees backing onto the Recreational Flatwater Canal in Welland. This versatile property has a lot to offer. It has 3 kitchens, 3 bathrooms, separate entrances, laundry facilities, 2 furnaces, 2 central air units, 2 water heaters, 2 electrical panels, a 2-car garage, and plenty of parking. A Trip to City Hall confirmed that it is recognized as 2 units, the 120’ lot could potentially be severed, and it is zoned R1 which allows up to 3 units per building. It was previously zoned Commercial with a business in the front unit. This could be a great opportunity with all the new housing and reconstruction of the bridge. There are so many potential options for the Buyer to explore. Here are a few considerations: 1) Sever the property and build a second structure, each with as many as 3 units for a total of up to 6 rentals. 2) Run your business out of the front unit, or lease the space to a business, and rent out or live in the upper unit. 3) Operate short-term rentals such as a B & B or Airbnb. 4) Live in one unit and rent out the rest. 5) Rent out all the units including the 2-car garage. 6) Sever the land and sell one half. 7)Renovate to a spacious single-family home or start fresh and build your canal-front dream home. The possibilities are endless in this growing community. BUYER TO DO THEIR DUE DILIGENCE. There are excellent tenants in the front unit who would love to stay. They maintain the grounds and look after snow removal. The balance of the house is vacant so you can set your own rents or modify it to suit your needs. Step out of your back door and launch your kayak or canoe. It's like being at the cottage without the traffic. Please note: the property is being sold ‘as is’ and is priced accordingly. The following are not presently in working order: jetted tub, gas fireplace, 1 A/C unit.
Broker: KELLER WILLIAMS COMPLETE NIAGARA REALTY
MLS®#: 40427372
Property details
Parking:
10
Parking type:
Detached Garage
Property type:
Detached
Heating type:
Fireplace-
Style:
-
MLS Size:
204 sqm
Lot front:
36.58 M
Lot depth:
19.81 M
Listed on:
May 29, 2023
Show all details
Gabor Hess
Sales Representative
© Property.ca Inc., Brokerage
MLS#: 40427372
Listed by KELLER WILLIAMS COMPLETE NIAGARA REALTY

About 9 Kingsway Street

9 Kingsway Street is a Welland detached house which was for sale, near Forks Road East. It was listed at $799000 in May 2023 but is no longer available and has been taken off the market (Unavailable).. This 2195-2195 Squa detached house has 5 beds and 3 bathrooms.

For groceries there is Pupo's Super Market which is a 5-minute drive.

Getting around the area will require a vehicle, as there are no nearby transit stops.

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