1 day on Market

202 NIAGARA St, Welland, Ontario L3C 1J7

Detached
6
4
~3000-3500 sqft
$499,000
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Detached
6
4
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$154/sqft

Est. Mortgage$2,143/mo

Tax Amount (2024)$3,128/yr

Days On Market1 day


Description

ESTATE SALE-Offer Presentation Feb 3, 2025, at 6:00pm. Vacant Legal Triplex-Incredible Opportunity. This vacant legal triplex offers the perfect setup for a buyer or owner-occupier looking to live in the spacious main floor unit while generating rental income from two upper apartments. The main floor features a 3-bedroom unit with access to a full basement and a detached oversized brick garage. The upper units, a 1-bedroom and a 2-bedroom, both include parking but require major renovations, giving you the opportunity to customize and maximize their rental potential. All three units are equipped with separate hydro meters. The property also boasts a large backyard with a patio, two driveways, and a detached garage with hydro (30 amp/220 volt), making it ideal for storage, a workshop, or additional income. The owner currently covers property taxes, gas, and water expenses, with detailed financial information available in the attached spreadsheet. This property is brimming with possibilities to create a home or investment tailored to your vision. Being sold as is, where is, its ready for you to unlock its full potential. Don't miss this opportunity to make it your own!


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~3000-3500 SqFt
Lot Size6,534 SqFt(99 x 66)
Parking Spaces6
MLS ®NumberX11934970
Community NameChippawa Park Area
Data SourceTRREB
Listing byRE/MAX GARDEN CITY REALTY INC, BROKERAGE

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Part Fin

Main Floor

Living

4.92 x 7.08

Dining

2.86 x 4.09

Br

2.67 x 4.07

Br

2.64 x 3.59


Features

Lot size: 6,534 SqFt

Parking

Garage spaces 6

Garage type Detached

Other parking spaces 0

Total parking spaces 6


Property listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE, Brokerage
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Population and Demographics

Overview

Total population 5076
Average household income $100,287

Age (%)

65 and plus
28%
50 to 64
20%
0 to 19
19%
20 to 34
17%
35 to 49
16%

Household composition (%)

Single family
60%
Single person
36%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
87%
French
5%
Others
3%
Italian
2%
English and French
1%

House tenancy (%)

Owners
61%
Renters
39%

Schools and amenities

Estimated Budget