St. Catharines, ON L2R 2R1,299 Welland Avenue
St. Catharines, ON L2R 2R1,299 Welland Avenue
St. Catharines, ON L2R 2R1,299 Welland Avenue
$460,000
Est. payment /mo
$469,900
2.1%
Est.Price: ?

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5 Beds
2 Baths
1,440 SqFt
SOLD DATE : 06/11/2024

Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $319

MLS Listing ID 40577995

Bedrooms 5

Annual Tax Amount $2,119

Property Description

GREAT INVESTMENT OPPORTUNITY! This very large 2.5 storey legal duplex is loaded with upside potential. Located in close proximity to shopping, public transit and highway access making it very appealing for any future tenants. Current layout comprises of a large 1 bedroom apartment that occupies the entire main floor and basement, and a four bedroom apartment which occupies the two upper levels. There is a rear patio/exterior staircase to access the second level unit. The interior features a staircase that has been walled off half way, providing the opportunity to convert this back to a single family residence, or student/rooming housing. A separate side entrance that can lead directly into the basement provides an opportunity for a potential third unit. This property underwent a complete renovation in 2009 with all the following major upgrades completed: roof shingles, soffits, fascia, eaves, vinyl windows, exterior doors, electrical service upgrade to 200 AMP with separate breaker panels, complete rewire of entire home, new plumbing and more. Current tenants have lived here for decades and are willing to stay. This is a great addition to any savvy investor who can extract the tremendous upside potential out of this property. Truly an opportunity not to be missed!

Location

Province ON

County Niagara

Area St. Catharines

Zoning M1

Rooms

Kitchen 0

Interior

Heating Radiant

Cooling Wall Unit(s)

Laundry Other

Exterior

Exterior Feature Balcony

Garage Concrete, Gravel

Waterfront No

Roof Type Asphalt Shing

Building

Lot Description Highway Access, Public Transit

Story 2.5

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

New Construction No

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Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

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