9 Kingsway Street

9 Kingsway Street
9 Kingsway Street
9 Kingsway Street
+46
4
 bed
3
 bath
10
 parking
2195
 sqft
Detached
* This unit size is calculated from property.ca data
$799,000
Terminated on 
Aug 28, 2023
90 days
 on site
$799,000
* This unit size is calculated from property.ca data
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Size
2195 sqft
Lot size
7954 sqft
Street frontage
-
Possession
-
Price per sqft
$364
Taxes
$3,892.74 (2023)
Parking Type
-
Style
Two Story
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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®#: 40427394
Property details
Parking:
10
Parking type:
-
Property type:
Detached
Heating type:
Fireplace-
Style:
Two Story
MLS Size:
2195 sqft
Lot front:
120 Ft
Lot depth:
65 Ft
Listed on:
May 30, 2023
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About 9 Kingsway Street

9 Kingsway Street is a Welland detached house which was for sale right off Forks Road East. Listed at $799000 in May 2023, the listing is no longer available and has been taken off the market (Unavailable). 9 Kingsway Street has 4 beds and 3 bathrooms.

Nearby grocery options: Pupo's Super Market is a 5-minute drive. Love being outside? Look no further than Saint George Park Outdoor Swimming Pool, Merritt Island Park or Chippawa Park, which are only steps away from 9 Kingsway, Welland.

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

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