A pic from exterior of the house or condo, the front or back of building for 131 Third St, Welland Ontario L3B 4W5
126 days on Market

131 Third St, Welland, Ontario L3B 4W5

Townhouse
-
12
~15400 sqft
$2,200,000
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Townhouse
-
12
~15400 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$142/sqft

Est. Mortgage$9,448/mo

Tax Amount (2022)$20,874/yr

Days On Market126 days


Description

Purpose-built solid brick 12-unit apartment complex on a 111 X 208 parcel zoned INSH. lot provides the potential for adding future development on the site. The building is solid with high quality terrazzo floors throughout hallways. lots of areas to substantially improve income . 8x 2 bed units, 3 x 1 bed units, 1 x 3 bed unit. Location will appeal to many tenants with access to ample parking, on-site laundry, public transit, hospital and a variety of amenities all within walking distance. Tremendous opportunity for the long term investor


Property Details

StyleResidential Income
View-
Age of property1967
SqFt~15400 SqFt
Lot Size23,088 Ac(208 x 111)
Parking Spaces15
MLS ®Number40635740
Community NameCordage
Data SourceITSO
Listing byRE/MAX NIAGARA REALTY LTD, BROKERAGE

Features

Heating: Baseboard, Electric
Basement: Full, Finished

Features

Lot size: 23,088 Ac
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 14

Total parking spaces 15


Property listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE, Brokerage
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Population and Demographics

Overview

Total population 5935
Average household income $84,653

Age (%)

50 to 64
22%
65 and plus
22%
20 to 34
20%
0 to 19
19%
35 to 49
18%

Household composition (%)

Single family
56%
Single person
39%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
81%
French
11%
Others
3%
English and French
2%
Italian
1%

House tenancy (%)

Owners
63%
Renters
37%

Schools and amenities

Estimated Budget