Removed on Nov 19, 2024
Note: Property is not currently for sale or for rent.
-
Type: Detached
-
Style: 2-Storey
-
Lot Size: 120 x 65
-
Age: 51-99 years
-
Taxes: $3,893 per year
-
Days on Site: 90 Days
-
Added: Jul 04, 2024 (2 months on market)
-
Updated:
-
Last Checked: 10 hours ago
-
MLS®#: X8706916
-
Listed By: Keller williams complete niagara realty
Don't miss this rare opportunity to back onto the beautiful, treed property of the Recreational Flatwater Canal in Welland. It's like being at the cottage without the traffic. 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 2 structures, 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 dream home. 8) Convert the garage into an ADU for additional income. The possibilities are endless in this growing community. BUYER TO DO THEIR DUE DILIGENCE. Tenants are vacating, so vacant possession is available. You can modify it to suit your needs and set your own rents. The following are not presently in working order: jetted tub, gas fireplace, 1 A/C unit.
Status
Days on Market: 90
Last Status: Terminated
Sold Date: Nov 19, 2024
Closed Date: Nov 30, -0001
Expiry Date: Dec 15, 2023
Unavailable Date: Dec 13, 2023
Input Date: Sep 14, 2023
Prior LSC: Listing with no contract changes
Property
Status: Sale
Property Type: Detached
Style: 2-Storey
Age: 51-99
Area: Welland
Availability Date: 30 Days TBA-Fl
Assessment Amount: $234,000
Assessment Year: 2023
Inside
Bedrooms: 4
Bathrooms: 3
Kitchens: 3
Rooms: 13
Air Conditioning: Central Air
Fireplace: Yes
Laundry:
Washrooms: 3
Building
Basement: Part Fin
Heat Source: Gas
Exterior: Metal/Side
Exterior: Stucco/Plaster
Elevator: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Other
Garage Spaces: 2
Garage Type: Detached
Covered Parking Spaces: 6
Total Parking Spaces: 8
Fees
Tax Year: 2023
Tax Legal Description: PT LTS 3, 4, 5 & 6 PL 781 AS IN BB37098 ; WELLAND
Taxes: $3,893
Land
Cross Street: Forks Road East
Municipality District: Welland
Parcel Number: 641310036
Pool: None
Sewer: Sewers
Lot Depth: 65
Lot Frontage: 120
Acres: < .50
Zoning: R1
Water Body Type: Canal
Water Frontage: 120.31
Access To Property: Yr Rnd Municpal Rd
Water Features: Canal Front
Shoreline Allowance: Not Ownd
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
