Listing photo for 35-37 Ontario Road, Welland, Ontario
Listing photo for 35-37 Ontario Road, Welland, Ontario
Listing photo for 35-37 Ontario Road, Welland, Ontario
Listing photo for 35-37 Ontario Road, Welland, Ontario
Listing photo for 35-37 Ontario Road, Welland, Ontario
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35-37 Ontario Road,

Welland, Ontario $1,099,000

$1,099,000

9 Beds
4 Baths
8,000 Sqft

Great investment opportunity! Solid Commercial/Residential building fully rented located in the heart of Welland! 4 Residential Units + Commercial Store on a great lot, with a site plan approved for additional 4 apartments. Potential of adding 4 more apartments to existing structure (1 studio & 3 x 1 Bedroom). Current annual rent is $65,640 (approx.) 4000 sq. ft. per floor. 3 x 2-bedroom & 1 x 3-bedroom apartments. Building renovated in 2016. Roof updated 2017. Close to Welland Canal, Hospital, bus route, shopping and amenities, easy access to HWY. New Homes being built from Empire Homes right across from the building! Several grants are available from the city. This is your chance to invest in one of the fastest-growing areas of Niagara! Plenty of potentials here with large residential & commercial developments in the surrounding area. (id:6289)

Facts & Features
Listing # 40167947
Price $1,099,000
Bedrooms 9
Bathrooms 4.00
Square Footage 8,000
Acres 0.00
Type Multi-family
Sub-Type Freehold
Community Information
Address 35-37 Ontario Road
Subdivision 770 - Lincoln / Crowland
City Welland
Province Ontario
Postal Code L3B5C1
Amenities
Amenities Hospital, Public Transit
Parking Spaces 10
Is Waterfront No
Has Pool No
Interior
Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement No
Exterior
Exterior Brick
Listing Details
Office COSMOPOLITAN REALTY

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Last Updated October 18th, 2021 at 10:04pm CDT