Added 3 months ago
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Type: Investment
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Property Type: Commercial
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Zoning: RL1
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Age: 51-99 years
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Taxes: 4147
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MLS®#: X9408761
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Days on Site: 92 Days
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Added: Jul 29, 2024 (3 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: RORE REAL ESTATE
LOCATION, LOCATION, LOCATION! Opportunity awaits you in this unique 3-unit property (two 2-bedroom units and a bachelor apartment above the garage) situated on 1.77 acres in the quiet neighbourhood of Dain City. Nature abounds here; you have the waterway (old portion of the Welland Canal), its beautiful views and amazing sunsets out the front of the property and a treed/wooded/private area in the back. Imagine having your own camping site at the back of your property and seeing all that nature has to offer with wildlife sitings (foxes, woodpeckers, blue jays, cardinals and more). Zoning is RL1 and provides you with numerous ways to use the property. You could easily convert the front and back units into one large unit, while still having a bachelor apartment above the garage for extra income. Zoning down the road is RL2 (medium density), and would require buyer to speak with the City of Welland to see if rezoning is possible. Front unit has a large living room with sliding doors leading to large deck and an amazing sunset/canal view! There are also 2 bedrooms, kitchen and 3-piece bath. Current tenant is willing to stay, or relocate, based on buyer's needs. The back unit boasts a 10' ceiling in the main kitchen/living/dining area with a wood-burning stove, siding glass door leading to a patio area and private back yard. This patio area will also hold a new extension to add more space to the main living area. Two bedrooms, laundry, office space, fully renovated bathroom with high quality finishes and a large walk-in shower await you on the lower level. Greenhouse and two sheds are also included. The bachelor apartment above the garage has a wonderful view to the canal/sunsets out front and a large private back deck out back. The Flatwater Centre is close by, Dragon Boat Festivals, regattas & rowing are regular events on the Canal, and the Trans Canada Trail is located just across the canal. Don't miss out on this amazing property!
Property
Status: Sale
Property Type: Investment
Age: 51-99
Area: Welland
Community: 774 - Dain City
Availability Date: Flexible
Assessment Amount: $236,000
Assessment Year: 2024
Inside
Bathrooms: 3
Air Conditioning: Wall Unit
Washrooms: 3
Building
Basement: Y
Heat Type: Baseboard
Water Supply: Municipal
Parking
Garage Type: Attached
Covered Parking Spaces: 6
Fees
Tax Year: 2023
Tax Legal Description: PT LTS 3 & 4 PL 813 AS IN RO756867 ; WELLAND
Taxes: $4,147
Land
Cross Street: Hwy 58A to Canal Ban
Municipality District: Welland
Parcel Number: 641320105
Sewer: Sewers
Lot Frontage: 76.03
Zoning: RL1
Commercial Specific
Total Area: 2231
Total Area Metric: Sq Ft
École élémentaire Champlain
Elementary: PublicÉÉC Saint-François-d'Assise
Elementary: CatholicSt Augustine Catholic Elementary School
Elementary: CatholicSt Mary Catholic Elementary School
Elementary: CatholicPlymouth Public School
Elementary: PublicDiamond Trail Public School
Elementary: PublicÉcole secondaire Confédération
Secondary: PublicEastdale Secondary School
Secondary: PublicPort Colborne High School
Secondary: PublicCentennial Secondary School
Secondary: PublicLakeshore Catholic High School
Secondary: CatholicNotre Dame College School
Secondary: Catholic