44 days on Market

386 Gatfield Ave, Welland, Ontario L3B 5B2

Townhouse
3 + 1
3
~1100-1500 sqft
$349,900
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Townhouse
3 + 1
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$276/sqft

Est. Mortgage$1,503/mo

Tax Amount (2024)$2,704/yr

Days On Market44 days


Description

Looking for your next investment opportunity or renovation project? This legal non-conforming Duplex with accessory apartment is packed with potential and is waiting for your creative touch! Nestled in a desirable neighbourhood with strong rental demand, this property is perfect for a savvy investor or contractor. Key features include three separate units each offering good living space, private entrances and flexible floor plans that cater to a variety of tenant needs plus with its spacious lot size, there is room for outdoor enhancements, parking or even an expansion project. Currently the building is completely tenanted with rents of $700.00; $550.00 and $650.00 per month. While the building does need some TLC, it presents a fantastic opportunity for those with an eye for renovation and a knack for maximizing returns!


Property Details

Style1 1/2 Storey
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size4,000 SqFt(100 x 40)
Parking Spaces4
MLS ®NumberX11823759
Community NameCordage
Data SourceTRREB
Listing byROYAL LEPAGE NRC REALTY

Features

Heating: Forced Air
Basement: Apartment, Fin W/O

Bsmt Floor

Br

2.16 x 3.26

Kitchen

1.34 x 2.78

Living

3.05 x 3.39


Features

Lot size: 4,000 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Dec 2, 2024
ListedActive
$349,900
44 days on market
history photo preview8
Listing by trreb®
Property listed by ROYAL LEPAGE NRC REALTY, 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