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299 Welland Avenue

St. Catharines, ON L2R 2R1
  • $469,900
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 40578309
UPDATED: 54 min ago
$469,900
  • 6
    BEDS
  • < 0.5
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,440
    SQFT
  • $326
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
County:

School Ratings & Info

Description

GREAT INVESTMENT OPPORTUNITY! This very large 2.5 storey legal duplex is loaded with upside potential. Located in close proximity to shopping, public transit and highway access making it very appealing for any future tenants. Current layout comprises of a large 1 bedroom apartment that occupies the entire main floor and basement, and a four bedroom apartment which occupies the two upper levels. There is a rear patio/exterior staircase to access the second level unit. The interior features a staircase that has been walled off half way, providing the opportunity to convert this back to a single family residence, or student/rooming housing. A separate side entrance that can lead directly into the basement provides an opportunity for a potential third unit. This property underwent a complete renovation in 2009 with all the following major upgrades completed: roof shingles, soffits, fascia, eaves, vinyl windows, exterior doors, electrical service upgrade to 200 AMP with separate breaker panels, complete rewire of entire home, new plumbing and more. Current tenants have lived here for decades and are willing to stay. This is a great addition to any savvy investor who can extract the tremendous upside potential out of this property. Truly an opportunity not to be missed!

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-05-25T07:22:42.883.
www.initiaontario.com/homes/149944442
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299 Welland Avenue St. Catharines, ON L2R 2R1

  • Price: $469,900
  • Status: Active
  • On Site: 28 Days
  • Updated: 54 min ago
  • MLS #: 40578309
6
Beds
2
Baths
0
½ Baths
< 0.5
Acres
1,440
SQFT
$326
$/SQFT
Neighbourhood:
451 - Downtown
County:
Niagara
Area:
St. Catharines
Property Description
GREAT INVESTMENT OPPORTUNITY! This very large 2.5 storey legal duplex is loaded with upside potential. Located in close proximity to shopping, public transit and highway access making it very appealing for any future tenants. Current layout comprises of a large 1 bedroom apartment that occupies the entire main floor and basement, and a four bedroom apartment which occupies the two upper levels. There is a rear patio/exterior staircase to access the second level unit. The interior features a staircase that has been walled off half way, providing the opportunity to convert this back to a single family residence, or student/rooming housing. A separate side entrance that can lead directly into the basement provides an opportunity for a potential third unit. This property underwent a complete renovation in 2009 with all the following major upgrades completed: roof shingles, soffits, fascia, eaves, vinyl windows, exterior doors, electrical service upgrade to 200 AMP with separate breaker panels, complete rewire of entire home, new plumbing and more. Current tenants have lived here for decades and are willing to stay. This is a great addition to any savvy investor who can extract the tremendous upside potential out of this property. Truly an opportunity not to be missed!
Exterior Features

Acres Range < 0.5 Architectural Style 2.5 Storey Attached Garage YN No Attached YN No Carport YN No Crops Included YN No Docking YN No Driveway Parking Private Drive Single Wide Exterior Features Balcony Foundation Details Poured Concrete Frontage Length 32.99 Frontage Type North Garage YN No Lot Features UrbanHighway AccessPublic Transit Open Parking Spaces 1 Open Parking YN Yes Parking Features ConcreteGravel Parking Total 1 Property Attached Detached Roof Asphalt Shing Waterfront YN No

Interior Features

Above Grade Finished Area 1440 Basement FullPartially Finished Bathrooms Total 2 Beds Above Grade 6 Beds Below Grade 0 Cooling Wall Unit(s) Cooling YN No Fireplace YN No Heating Radiant Heating YN Yes Interior Features Separate Hydro Meters Kitchens Total 2 Main Level Bedrooms 1 Room Count 11

Property Features

Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Cross Street BETWEEN EAST AND VINE Exclusions Tenant's Possessions Inclusions Smoke Detector Laundry Features Other Licensed Dwelling YN No Lot Depth 146 New Construction YN No Property Sub Type Single Family Residence Security Features Smoke Detector Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Water Source Municipal Zoning M1

Listing information © 2024 Information Technology Systems Ontario.
Listing provided courtesy of Matt Sherman of RE/MAX GARDEN CITY REALTY INC, BROKERAGE.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-05-25T07:22:42.883.
 
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