• 35-37 ONTARIO Road
  • 35-37 ONTARIO Road
  • 35-37 ONTARIO Road
  • 35-37 ONTARIO Road
  • 35-37 ONTARIO Road
35-37 ONTARIO Road, Welland, Ontario, L3B5C1
Property TypeOther

Great investment opportunity! Solid Commercial/Residential building fully rented located in the heart of Welland! 4 Residential Units + Commercial Store on a great lot, with site plan approved for additional 4 apartments. Potential of adding 4 more apartments to existing structure (1 studio + 1 bedroom apartment). Current annual rent $65,640 (aprox.) 4000 sq. ft. per floor. 3 x 2-bedroom & 1 x 3-bedroom apartments. Building renovated in 2016. Roof updated 2017. Close to Welland Canal, Hospital, bus route, shopping and amenities, easy access to HWY. New Homes being build from Empire Homes right across from the building! Several grants available from the city. This is your chance to invest in one of the fastest growing areas of Niagara! Plenty of potential here with large residential & commercial developments in the surrounding area. (id:28812)


Details
Amenities NearbyHospital, Public Transit OwnershipOther, See Remarks
TransactionFor sale Zoning DescriptionCC2
Building
Basement DevelopmentUnfinished BasementPartial (Unfinished)
CoolingNone Exterior FinishBrick
Fire ProtectionNone Heating FuelNatural gas
HeatingForced air Size Exterior8000.0000
Storeys Total2 Utility WaterMunicipal water
Land
Size Frontage70 ft Access TypeHighway access
AmenitiesHospital, Public Transit SewerMunicipal sewage system
Size Depth165 ft

Listing Office: COSMOPOLITAN REALTY

Data Provided by Niagara Association of REALTORS®

Last Modified :25/09/2021 08:19:55 PM

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