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$499,000
Available - For Sale
Listing ID: X11934970
ESTATE SALE-Offer Presentation Feb 3, 2025, at 6:00pm. Vacant Legal Triplex-Incredible Opportunity. This vacant legal triplex offers the perfect setup for a buyer or owner-occupier looking to live in the spacious main floor unit while generating rental income from two upper apartments. The main floor features a 3-bedroom unit with access to a full basement and a detached oversized brick garage. The upper units, a 1-bedroom and a 2-bedroom, both include parking but require major renovations, giving you the opportunity to customize and maximize their rental potential. All three units are equipped with separate hydro meters. The property also boasts a large backyard with a patio, two driveways, and a detached garage with hydro (30 amp/220 volt), making it ideal for storage, a workshop, or additional income. The owner currently covers property taxes, gas, and water expenses, with detailed financial information available in the attached spreadsheet. This property is brimming with possibilities to create a home or investment tailored to your vision. Being sold as is, where is, its ready for you to unlock its full potential. Don't miss this opportunity to make it your own!
Price $499,000
Taxes: $3,128
Address: 202 NIAGARA St , Welland, L3C 1J7, Ontario
Lot Size: 66 x 99 (Feet)
Acreage: < .50
Directions/Cross Streets: Woodlawn Road to Niagara Street
Rooms: 13
Rooms +: 4
Bedrooms: 6
Bedrooms +: 0
Washrooms: 4
Kitchens: 3
Kitchens +: 0
Family Room: N
Basement: Full
Part Fin
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living 16.14 23.22
Room 2: Main Dining 9.38 13.42
Room 3: Main Kitchen 8.46 11.09
Room 4: Main Prim Bdrm 15.94 12.20
Room 5: Main Br 8.76 13.35
Room 6: Main Br 8.66 11.78
Room 7: 2nd Living 15.81 11.87
Room 8: 2nd Kitchen 6.46 11.94
Room 9: 2nd Br 8.92 9.84
Room 10: 2nd Living 12.69 12.10
Room 11: 2nd Kitchen 8.27 9.94
Room 12: 2nd Br 12.69 12.63
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 2nd
Washroom 3:  2 Bsmt
Property Type: Detached
Style: 2-Storey
Exterior: Stucco/Plaster
Garage Type: Detached
(Parking/)Drive: Other
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3000-3500
Property Features: Fenced Yard
Hospital
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX GARDEN CITY REALTY INC, BROKERAGE

202 NIAGARA St , Welland, L3C 1J7, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Detached
Area: Niagara
Municipality: Welland
Neighbourhood: 769 - Prince Charles
Style: 2-Storey
Lot Size: 66.00 x 99.00(Feet)
Approximate Age: 51-99
Tax: $3,128
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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