50 Niagara St

Welland, L3C 1H9
FOR SALE
$649,000
Terminated
$0
50 Niagara St, Welland
50 Niagara St
50 Niagara St
50 Niagara St
50 Niagara St
50 Niagara St
50 Niagara St
50 Niagara St
50 Niagara St
50 Niagara St
5
BEDROOMS
4
BATHROOMS
4
KITCHENS
11
ROOMS
X6111332
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-07 2023-07-17 40 $649,000 - Terminated
2022-09-13 2023-01-30 139 $875,000 - Terminated
2021-03-26 2021-06-29 95 $1,100,000 - Terminated
Property Description
Welcome to 50 Niagara Street (2 municipal addresses of 50 & 52). This unique property offers an excellent opportunity for potential to increase the overall income of the property or convert a portion or all of the building to a commercial use. This 5 unit multiplex with 2 units currently vacant is located just steps from the Welland Recreational Waterway and Downtown. Units consist of 2 - Bachelor Units, 2 - 1 Bedroom Units & 1 - 3 Bedroom Unit. Zoned DMC (Downtown Mixed Use Centre), with a Minor Variance approval to permit 100% residential on the main floor. City Incentives (Grants) Available and to be confirmed with the City. Property being Sold "As Is, Where Is". No Warranties Or Representations being made By Sellers/Agents. Sizes are approx.
Property Features
Hospital, Library, Park, Public Transit
Property Details
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
42' x 61'
Acreage
< .50
Fronting
East
Taxes
$2,847 (2022)
Basement
Unfinished
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
Similar Listings
103 Albert St, Welland
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BEDS
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BATHS
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FOR SALE
Two independent units with sufficient parking space for all, bonus finished basement with separate entrance (in-law or kids or extended family suite). Back unit leased $1,800/month plus utilities, front and basement are vacant for new homeowners use or rental at your own rates. Cash positive property if all units are rented at current interest rates (6.25% p.a.). Front unit 3 BR+1, Living, Kitchen 1 WR, Back unit 3BR, Living, Kitchen, 1 WR, Basement 1 BR, Living, Kitchen, 1 WR
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