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Royal LePage
Royal LePage
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$699,900

22 KENNEDY Street, Welland, Ontario, L3B 3R6

MLS® # 40803407

Welland ON, L3B 3R6

MLS® # 40803407

Property Information:

Welcome To An Exceptional Investment Opportunity In The Heart Of Welland! This Solid Fourplex With An Additional Dwelling (Unit ADU) Offers Incredible Value For Investors Seeking Strong Cash Flow And Long Term Upside. Featuring Four Self Contained Units Plus A Separate Garden Suite Converted From The Garage. Each Unit Is Equipped With Its Own Hydro Meter Along With A House Meter, Offering Convenience And Efficient Utility Management. Zoned Residential Medium Density (RM), This Property Allows For Flexibility And Future Potential In A Growing Market. Ideally Situated On Kennedy Street In A Mature And Central Neighbourhood, Tenants Will Enjoy Easy Access To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Just Minutes From Downtown Welland, The Welland Canal, Niagara College, And With Quick Access To Hwy 406, This Location Offers Seamless Connectivity To Niagara Falls, St Catharines, And Surrounding Areas. With Strong Rental Demand, A Desirable Unit Mix, And An Additional Dwelling Unit ADU , This Property Represents A Rare Opportunity To Secure A High Performing Asset In One Of Niagara's Emerging Investment Markets. A Smart And Strategic Addition To Any Real Estate Portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Other, Stucco
  • Floor Space: 2236 sqft
  • Heating Type: Forced air, Other

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 6
  • Built in: 1951
  • Fence Type: Partially fenced
  • Floor Space (approx): 2236 Square Feet
  • Lot Depth: 120 Feet
  • Lot Frontage: 90 Feet
  • Zoning: RM, RL2
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage, Open
  • No. of Parking Spaces: 5

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 22 KENNEDY Street, Welland, Ontario, L3B 3R6

Demographic Information of 22 KENNEDY Street, Welland, Ontario, L3B 3R6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,570.29

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.66 %

High school certificate or equivalent

35.3 %

Apprenticeship trade certificate/diploma

7.62 %

College/non-university certificate

30.03 %

University certificate (below bachelor)

0.08 %

University Degree

8.31 %

Commuter

Travel To Work

By Car

90.96 %

By Public Transit

0.01 %

By Walking

0.46 %

By Bicycle

0.0 %

By Other Methods

8.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.49 %

Houses

91.51 %

Own Vs. Rent

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