$599,000

Investment For Sale In Eastdale, Welland, Ontario

$599,000

Property Information:

Exceptional Vacant Multi-Unit Investment Property - East Welland - Rare opportunity to acquire a vacant multi-unit property in the sought-after East Welland area. Situated on an impressive 231-foot deep lot, this property features two separate residential buildings offering excellent income potential and flexibility for investors or owner-occupiers. The main dwelling is configured as a duplex, consisting of :One 1-bedroom unit, One 2-bedroom unit. At the rear of the property is a self-contained backyard cottage featuring a 2-bedroom unit, ideal for additional rental income or extended family use. Property Features : Three total residential units Fully vacant - immediate possession available Extra-deep 231 ft lot Separate electrical breaker panels for both buildings Two hot water tanks (one owned, one rental) Excellent opportunity to set market rents or occupy one unit while generating income from others Conveniently located close to schools, shopping, transit, and amenities. A solid addition to any investment portfolio with strong long-term potential. Property has been fire and electrical inspected in 2017. There are 3 off street parking spaces. Located close to 406 for quick highway access. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Development: Unfinished
  • Basement Type: Crawl space, Partial, N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 231 Feet
  • Lot Frontage: 33 Feet
  • Lot Size: 33 x 231 FT
  • Zoning: rl2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • Kitchen 2nd Level 2.90 m x 1.90 m
  • Bathroom 2nd Level 1.70 m x 1.57 m
  • Living 2nd Level 3.02 m x 3.65 m
  • Bedroom 2nd Level 3.30 m x 3.63 m
  • 2nd Bedroom 2nd Level 2.94 m x 2.54 m
  • Kitchen Main Level 2.60 m x 3.93 m
  • Bathroom Main Level 2.30 m x 3.50 m
  • Dining Main Level 3.20 m x 3.70 m
  • Living Main Level 3.60 m x 3.70 m
  • Bedroom Main Level 3.10 m x 3.30 m
  • 2nd Bedroom Main Level 3.10 m x 2.97 m
  • Kitchen Main Level 3.90 m x 2.54 m
  • Living Main Level 4.10 m x 3.34 m
  • Bedroom Main Level 3.35 m x 3.96 m
  • Bathroom Main Level 1.32 m x 1.83 m

Courtesy of: FLYNN REAL ESTATE INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.