Unknown for 215 Broadway Ave, Welland Ontario L3C 5L2
54 days on Market

215 Broadway Ave, Welland, Ontario L3C 5L2

Detached
9
8
~2500-3000 sqft
$695,000
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Detached
9
8
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$255/sqft

Est. Mortgage$2,985/mo

Tax Amount (2024)$2,959/yr

Days On Market54 days


Description

Fantastic opportunity for the right person. This former church building offers a very spacious owner occupied rear unit with up to 5 bedrooms. kitchen, diningroom, livingroom, laundry, pantry and 3 pc plus a large patio area and rear parking. The front of the building offers 6 bedrooms, currently rented, each with its own 2 pc washroom. Tenants share a kitchen, livingroom and 3 pc with shower. The owners unit could be divided to make extra money too! . Updates include roof shingles 2019, two high efficient furnaces 5-6 yrs old and central air. Electric hot water tank is owned, gas one is rented. 600 amp service coming into the building. Some parking. Owner is willing to stay on and rent the rear unit and manage the 6 rooms that are currently rented. ( 5 rooms @ $700/month and 1 room @ $630/month on next increase). Current rental income $46,240 with expenses of property taxes $2930, hydro $4870, gas $3760, rental enercare $540, water $2530. Live in the spacious owners unit and let the tenants pay your bills, including your mortgage!


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~2500-3000 SqFt
Lot Size6,500 SqFt(130 x 50)
Parking Spaces2
MLS ®NumberX11994891
Community NameWelland South
Data SourceTRREB
Listing byROYAL LEPAGE NRC REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Crawl Space

Features

Lot size: 6,500 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Mar 1, 2025
ListedActive
$695,000
54 days on market
history photo preview34
Listing by trreb®
Property listed by ROYAL LEPAGE NRC REALTY, Brokerage
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Market Data - Welland South

Geo Zone Map ThumbnailWelland South

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

46 days

Compared to

2024

15 days

2023

39 days

2022

6 days

New Listings

Past 30 days

8 listings

Compared to

2024

4 listings

2023

4 listings

2022

3 listings

Units sold

Past 30 days

2 units

Compared to

2024

1 unit

2023

4 units

2022

2 units

Median Sold Price

Past 30 days

$535,000

Compared to

2024

$590,000

2023

$565,000

2022

$719,000


Population and Demographics

Overview

Total population 3332
Average household income $91,313

Age (%)

65 and plus
24%
50 to 64
21%
0 to 19
20%
20 to 34
18%
35 to 49
17%

Household composition (%)

Single family
63%
Single person
33%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
84%
French
6%
Italian
3%
Others
3%
Spanish
2%
English and French
1%

House tenancy (%)

Owners
74%
Renters
26%

Schools and amenities

Estimated Budget