51 FOURTH STREET, Welland, Ontario
$524,900
- 4 Beds
- 2 Baths
One-of-a-Kind Opportunity! This exceptional detached property offers two fully self-contained homes on one deep, private lot, making it ideal for investors, multi-generational living, or owner-occupiers seeking additional income. The main two-storey residence features 2 bedrooms, 1 bathroom, and approximately 1,005 sq. ft. of well-maintained living space, along with a full, high, dry basement. Year-round comfort is provided by a high-efficiency Keeprite furnace and2-ton central air conditioning. Privately situated at the rear, the separate guest house /in-law suite / auxiliary apartment offers 2 bedrooms, 1 bathroom, and 594 sq. ft. of bright living space with direct garden access. It is heated by a gas space heater and cooled by a window air-conditioning unit, creating a comfortable and independent living environment. Both homes have been exceptionally well cared for and maintained by excellent tenants, reflecting true pride of ownership. The property features outstanding landscaping on a deep, private lot and includes a custom shed/man cave/workshop as well as a custom potting shed. The lot presents outstanding future potential, including the possibility of redevelopment into a 4-plex, 6-plex,or other multi-family configuration (buyer to verify). Additional features include separate hydro breakers, two separate gas meters, and two hot water tanks (rentals). Outdoor living is enhanced by a two-tier rear deck, covered front veranda, and a private deck for the guesthouse. A paved double driveway provides parking for up to six vehicles. Live in one and rent the other, rent both, or explore redevelopment opportunities. This truly unique, multi-opportunity property should not be missed. (id:50212)
- Listing ID: X12645434
- Property Type: Single Family
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Listing provided by ROYAL LEPAGE SIGNATURE REALTY
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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 51 FOURTH STREET in Welland Ontario. It was last modified on December 21st, 2025. Contact The TanTeam to schedule a viewing or to discover other Welland homes for sale.
