$469,900 $2,523 est/mo Sourced by Back At You

299 Welland Avenue,St. Catharines, ON L2R 2R1

St. Catharines ON, L2R 2R1

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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!

Details

MLS#40577995
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site35
Listing Provided ByRE/MAX GARDEN CITY REALTY INC, BROKERAGE | Matt Sherman

Features

Bed(s)5
Bath(s)2
SQ Feet1,440
BasementY
Story(s)2
Units2
ZoningM1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 3 minutes ago
ProvinceON
CountyNiagara
CitySt. Catharines
Postal CodeL2R 2R1
AreaSt. Catharines
Subarea451 Downtown
Community Name451 Downtown
Listing VS Median (in 451 Downtown)
Price:
$469,900
low | high
Med:
$489,999
45.722706958927% of Average
SqFt:
1,440
low | high
Med:
1,505
45.486111111111% of Average
$ / SqFt:
$326
low | high
Med:
$326
50.226377422495% of Average
On Site:
35
low | high
Med:
8.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 6:41:51 PM PDT