Home/35-37 Ontario Road, Welland, Ontario L3B 5C1 (23454377)


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35-37 Ontario Road Welland, Ontario L3B 5C1

None Forced Air

$1,199,000

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 site plan approved for additional 4 apartments. Potential of adding 4 more apartments to existing structure (2-bedroom 800 sq. ft. each). Current annual rent $65,640 (aprox.) 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 build from Empire Homes right across from the building! This is your chance to invest in one of the fastest growing areas of Niagara! Plenty of potential here with large residential & commercial developments in the surrounding area. (id:43844)

Property Details

MLS® Number 40143298
Property Type Other
Amenities Near By Hospital, Public Transit

Building

Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Exterior 8000.0000
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 165 Ft
Size Frontage 70 Ft
Zoning Description Cc2

https://www.realtor.ca/real-estate/23454377/35-37-ontario-road-welland

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