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$499,800

51 FOURTH Street, Welland, Ontario, L3B 4X7

MLS® # 40794835

4 Beds

Baths

1005  FEETSQ

QuickQuoteTM: $464K - $622K

Welland ON, L3B 4X7

MLS® # 40794835

Property Information:

One-of-a-Kind Opportunity! This exceptional detached property offers two fully self-contained homes on one deep, private lot, making it ideal for investors, multi-generational living, or owner-occupiers seeking additional income. The main two-storey residence features 2 bedrooms, 1 bathroom, and approximately 1,005 sq. ft. of well-maintained living space, along with a full, high, dry basement. Year-round comfort is provided by a high-efficiency Keeprite furnace and2-ton central air conditioning. Privately situated at the rear, the separate guest house /in-law suite / auxiliary apartment offers 2 bedrooms, 1 bathroom, and 594 sq. ft. of bright living space with direct garden access. It is heated by a gas space heater and cooled by a window air-conditioning unit, creating a comfortable and independent living environment. Both homes have been exceptionally well cared for and maintained by excellent tenants, reflecting true pride of ownership. The property features outstanding landscaping on a deep, private lot and includes a custom shed/man cave/workshop as well as a custom potting shed. The lot presents outstanding future potential, including the possibility of redevelopment into other multi-family configuration. Additional features include separate hydro breakers, two separate gas meters, and two hot water tanks (rentals). Outdoor living is enhanced by a two-tier rear deck, covered front veranda, and a private deck for the guesthouse. A paved double driveway provides parking for up to six vehicles. Live in one and rent the other, rent both, or explore redevelopment opportunities. This truly unique, multi-opportunity property should not be missed. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: 2 Level
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Aluminum siding
  • Floor Space: 1005 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning, Window air conditioner
  • Appliances: Dryer, Stove, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 2
  • Amenities Nearby: Hospital, Schools, Shopping
  • Floor Space (approx): 1005 Square Feet
  • Lot Depth: 165 Feet
  • Lot Frontage: 51 Feet
  • Zoning: INSH
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 6

Rooms:

  • Bedroom 2nd Level 10'0'' x 15'6''
  • Bedroom 2nd Level 12'0'' x 8'6''
  • Bathroom Main Level Measurements not available
  • Other Main Level 12'2'' x 4'5''
  • Bathroom Main Level Measurements not available
  • Bedroom Main Level 11'8'' x 9'1''
  • Bedroom Main Level 13'2'' x 9'2''
  • Living Main Level 11'5'' x 12'3''
  • Kitchen Main Level 23'0'' x 9'4''
  • Living Main Level 23'0'' x 15'2''
  • Kitchen Main Level 10'3'' x 10'3''

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Location of 51 FOURTH Street, Welland, Ontario, L3B 4X7

Demographic Information of 51 FOURTH Street, Welland, Ontario, L3B 4X7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,700.60

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.65 %

High school certificate or equivalent

39.02 %

Apprenticeship trade certificate/diploma

7.56 %

College/non-university certificate

19.77 %

University Degree

7.99 %

Commuter

Travel To Work

By Car

81.71 %

By Public Transit

1.65 %

By Walking

3.1 %

By Bicycle

2.72 %

By Other Methods

10.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.46 %

Houses

68.54 %

Own Vs. Rent