Sign In or Create a Free Account to see full details of this property
Key Facts
Key facts for 36 Welland Street
Property Type
Apartment, 2-Storey
Parking
Detached 1 garage, 5 parking
MLS #
X12101731
Size
1500-2000 sqft
Basement
Separate Entrance,Finished with Walk-Out
Listed on
2025-04-24
Lot size
50 x 132.0
Tax
$2,399 /yr
Days on Market
133
Approximate Age
-
Maintenance Fee
-
Description
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 Livin...g. 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.
