• 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
Bathrooms4 Bedrooms9
Property TypeMulti-family Building Area8000

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 a site plan approved for additional 4 apartments. Potential of adding 4 more apartments to existing structure (1 studio & 3 x 1 Bedroom). Current annual rent is $65,640 (approx.) 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 built from Empire Homes right across from the building! Several grants are available from the city. This is your chance to invest in one of the fastest-growing areas of Niagara! Plenty of potentials here with large residential & commercial developments in the surrounding area. (id:28812)


Details
Amenities NearbyHospital, Public Transit OwnershipFreehold
Parking Spaces10 TransactionFor sale
Zoning DescriptionCC2
Building
Basement DevelopmentUnfinished BasementPartial (Unfinished)
CoolingNone Exterior FinishBrick
Fire ProtectionNone Bathrooms (Total)4
Heating FuelNatural gas HeatingForced air
Size Interior8000.0000 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 08:01:43 PM

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