35-37 Ontario Road, Welland | Image 1

35-37 Ontario Road

Welland

  • - bed - bath - sqft
$X,XXX,XXX Listed: $X,XXX,XXX
Sold

Sold on Nov 16, 2021

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 5000 sqft

  • Lot Size: 70 x 165 Feet

  • Age: 31-50 years

  • Taxes: $7,041 per year

  • Days on Site: 57 Days

  • Added: Sep 20, 2021 (1 month on market)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X5377373

  • Listed By: Cosmopolitan realty, brokerage

Great Investment Opportunity In One Of The Fastest-Growing Areas In Niagara! This Multi-Family Property In The Heart Of Welland Is A Fully Tenanted Building With 4 Residential Units & Commercial Store On A Great Lot. It Also Has A Site Plan Approved For Additional 4 Apartments In Its Existing Structure (1 Studio & 3 X 1 Bedroom) That Can Increase The Monthly Income To Approximately $5,000.00 Per Month.

Extras

The Current Annual Rent Is Now At Approximately $65,640 On Its 4000 Sq. Ft. Per Floor Plate With 3 X 2-Bedroom & 1 X 3-Bedroom Apartments. This Building Got Renovated In 2016 And The Roof Got Updated Last 2017.

Status

  • Days on Market: 57

  • Last Status: Sold

  • Sold Date: Nov 16, 2021

  • Closed Date: Jan 28, 2022

  • Expiry Date: Dec 20, 2021

  • Sold Price: $1,075,000

  • Unavailable Date: Nov 16, 2021

  • Input Date: Sep 20, 2021

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 5000

  • Age: 31-50

  • Area: Welland

  • Availability Date: Flexible

Inside

  • Bedrooms: 9

  • Bathrooms: 4

  • Kitchens: 4

  • Rooms: 4

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 4

Building

  • Basement: Half

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick Front

  • Water Supply: Municipal

  • Special Designation: Other

Parking

  • Driveway: Other

  • Garage Spaces: 1

  • Garage Type: Other

  • Covered Parking Spaces: 5

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2020

  • Tax Legal Description: Pt Lts 209, 210 & 211 Pl 565 As In Ro362831 ; Desc

  • Taxes: $7,041

Highlights

  • Feature: Hospital

  • Feature: Public Transit

  • Feature: School

Land

  • Cross Street: Canal Bank To Ontati

  • Municipality District: Welland

  • Fronting On: South

  • Parcel Number: 64122012

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 165 Feet

  • Lot Frontage: 70 Feet

  • Zoning: Cc2

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Map of 35-37 Ontario Road, Welland
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