35-37 Ontario Rd
Welland, L3B 5C1
FOR SALE
$1,099,000
Sold
$1,075,000
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9
BEDROOMS4
BATHROOMS4
KITCHENS4
ROOMSX5377373
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-09-20 | 2021-11-16 | 57 | $1,099,000 | $1,075,000 | Sold |
| 2021-07-21 | 2021-09-22 | 63 | $1,199,000 | - | Terminated |
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Property Description
Great Investment Opportunity In One Of The Fastest-Growing Areas In Niagara! This Multi-Family Property In The Heart Of Welland Is A Fully Tenanted Building With 4 Residential Units & Commercial Store On A Great Lot. It Also Has A Site Plan Approved For Additional 4 Apartments In Its Existing Structure (1 Studio & 3 X 1 Bedroom) That Can Increase The Monthly Income To Approximately $5,000.00 Per Month.
Extras
The Current Annual Rent Is Now At Approximately $65,640 On Its 4000 Square. Ft. Per Floor Plate With 3 X 2-Bedroom & 1 X 3-Bedroom Apartments. This Building Got Renovated In 2016 And The Roof Got Updated Last 2017.
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