57 days on market
$1,075,000

Sold on Nov. 16, 2021

Listed for $1,099,000 on Sep. 20, 2021

Ontario Rd
Sold

Welland

9 Bed|4 Bath|Yes|57 days on market

$1,075,000

Sold on Nov. 16, 2021

Listed for $1,099,000 on Sep 20, 2021

Or call Dwelly at: (647) 797-1133

Home Details

Taxes
$587 / month
Total Parking Spots
6
Driveway
Other
Garage Spaces
1
Furnished
No
Lot Size
70.00 x 165.00 Feet
Move-in Date
Flexible
Building Age
31-50 Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Half
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Brick Front
Zoning
Cc2
Sewer
Sewers
Property Type
Multiplex
Style
2-Storey
Status
Sold

Listing Description

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.
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.

Property History

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Market Trends and Insights

About Ontario Rd, Welland

Located at 35-37 Ontario Rd , this Welland house was listed for $1,099,000. This house's size is 5000+ Sqft. It has 9 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 6 parking spots.


MLS#: X5377373 · $1,099,000 · 9 bedroom house in Welland