Patio, the front or back of building for 12 East Main St, Welland Ontario L3B 3W3
44 days on Market

12 East Main St, Welland, Ontario L3B 3W3

Townhouse
-
2
~3600 sqft
$649,990
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Townhouse
-
2
~3600 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$180/sqft

Est. Mortgage$2,791/mo

Tax Amount (2024)$6,110/yr

Days On Market44 days


Description

POSITIVE CASH FLOW OPPORTUNITY with this prime commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained residential apartments and promises a robust income stream with an impressive Cap rate. Conveniently located near Niagara College's Welland campus, public transit, and the scenic boardwalk, it also offers stunning views of the Welland Bridge and Canal. With its high demand area and solid return potential, a total of 3600 sqft with 2 residential units (900sqft each) and 1 large Commercial Storefront unit with 3 offices approximately 1800sqft. This property is a must-see for savvy investors. Act quickly to secure this lucrative opportunity before it’s gone!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~3600 SqFt
Lot Size2,265 SqFt(83.6 x 27.1)
Parking Spaces2
MLS ®Number40675522
Community NameMarket Square
Data SourceITSO
Listing byREVEL Realty Inc., Brokerage

Features

Heating: Forced Air, Natural Gas
Cooling: Other
Basement: Partial, Partially Finished

Features

Lot size: 2,265 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by REVEL Realty Inc., Brokerage, Brokerage
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Population and Demographics

Overview

Total population 3374
Average household income $73,254

Age (%)

50 to 64
23%
20 to 34
21%
65 and plus
20%
0 to 19
19%
35 to 49
17%

Household composition (%)

Single person
48%
Single family
46%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
87%
French
7%
Others
3%
English and French
1%
Spanish
1%

House tenancy (%)

Renters
64%
Owners
36%

Schools and amenities

Estimated Budget