Listing Presented by Anna Mochol, Sales Representative with Garden City Realty Inc., Brokerage St.Catharines
(905) 323-7044
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Contact:Anna Mochol, Sales Representative
Garden City Realty Inc., Brokerage St.Catharines Direct Line:(905) 323-7044 Mobile:(905) 650-4878 Fax:(905) 684-1321
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MLS®#: 40577995
$469,900
299 Welland Avenue
St. Catharines
ON
L2R 2R1
Active
Description:
GREAT INVESTMENT OPPORTUNITY! This very large 2.5 storey legal duplex is loaded with upside potential. Located in close proximity to shopping, public transit and highway access making it very appealing for any future tenants. Current layout comprises of a large 1 bedroom apartment that occupies the entire main floor and basement, and a four bedroom apartment which occupies the two upper levels. There is a rear patio/exterior staircase to access the second level unit. The interior features a staircase that has been walled off half way, providing the opportunity to convert this back to a single family residence, or student/rooming housing. A separate side entrance that can lead directly into the basement provides an opportunity for a potential third unit. This property underwent a complete renovation in 2009 with all the following major upgrades completed: roof shingles, soffits, fascia, eaves, vinyl windows, exterior doors, electrical service upgrade to 200 AMP with separate breaker panels, complete rewire of entire home, new plumbing and more. Current tenants have lived here for decades and are willing to stay. This is a great addition to any savvy investor who can extract the tremendous upside potential out of this property. Truly an opportunity not to be missed!
Directions:
BETWEEN EAST AND VINE
Property Type: Residential Income Property Sub-Type: Duplex Up/Down Area: St. Catharines Square Feet: 1440 Bedrooms: 5 Total Bathrooms: 2
Age:
0 Basement: Full, Partially Finished Neighborhood: 451 - Downtown County: Niagara Lot Dimensions: 146 x 32.99 Taxes: $2,119.64 Tax Year: 2023 Total Units: 2 Cooling: Wall Unit(s) Heat: Radiant Roof: Asphalt Shing Sewer: Sewer (Municipal) Water: Municipal Zoning: M1
Financing:
Taxes: $2,119.64 Insurance: $695.00
FEATURES:
Basement
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