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36 WELLAND STREET, Welland, Ontario

$699,999

5 Beds
3 Baths

Calling All Investors & First-Time Homebuyers! Turnkey Welland Duplex W/ Finished Basement Apartment & Garden Suite Potential!Exceptional Opportunity To Own A Well-Maintained Legal Duplex With A Finished Basement Apartment, Ideal For Generating Multiple Rental Incomes Or Comfortable Multi-Unit Living. The Spacious Main Unit Offers 2 Bedrooms, 1 Bath Over Two Storeys, Featuring A Brand New Kitchen, Open-Concept Layout, Walkout To A Large Backyard, And An Oversized Primary Bedroom With A Private Balcony. Projected Rent: $2,200/Month. The Upper 1-Bed, 1-Bath Unit Has A Separate Rear Entrance And Is Currently Tenanted Month-To-Month At $1,335/Month. The Finished Basement Adds Flexibility And Is Ideal For Additional Rental Income, With A Projected Rent Of $1,200/Month.The Property Includes Two Separate Driveways, Allowing For Parking For 5+ Vehicles, And Is Located In An RM Zoning Area, Which Allows For Further Expansion. Providing Excellent Potential To Increase Value And Rental Income. This Property Offers An Incredible Opportunity For Investors Or Homeowners Looking To Supplement Their Mortgage. 7% Cap Rate Potential. Endless Opportunities Await. Book Your Showing Today! Preliminary Drawings For Garden Suite Potential Available Upon Request. (id:50212)

Listing ID: X12101731
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Primary Bedroom	Second level	4.67 m x 4.95 m
Kitchen	Second level	2.75 m x 2.51 m
Dining room	Second level	4.3 m x 1.95 m
Living room	Second level	2.65 m x 2.94 m
Primary Bedroom	Second level	2 m x 2.65 m
Kitchen	Basement	2.6 m x 2.53 m
Living room	Basement	3.65 m x 2.53 m
Primary Bedroom	Basement	3.61 m x 2.64 m
Den	Basement	2.56 m x 2.64 m
Laundry room	Basement	1.99 m x 3.19 m
Living room	Main level	8.16 m x 3.98 m
Dining room	Main level	8.16 m x 3.98 m
Kitchen	Main level	3.4 m x 2.67 m
Bedroom	Main level	2.71 m x 2.67 m
Sunroom	Main level	4.11 m x 2.68 m

Details

Features: Carpet Free
Parking Spaces: 5
Structure: Deck, Porch
Transaction: For sale
Zoning Description: RL2, RM

Building

BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Separate entrance, Walk out
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Cooling: Central air conditioning
Exterior Finish: Stucco
Fireplace Present: False
Foundation: Unknown
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 49 ft ,6 in
Size Irregular: 49.5 x 132 FT

Listing provided by ROYAL LEPAGE URBAN REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 36 WELLAND STREET in Welland Ontario. It was last modified on April 24th, 2025. Contact the TanTeam Real Estate Group to schedule a viewing or to discover other Welland real estate for sale.

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