35 Ontario Rd, Welland MLS Number: X7013746
Welland, Niagara, ON, L3B 5C1$1,299,000
Status: OFF MARKET
- Property Type: Commercial (Office)
- Property Taxes : $8000.00 (Tax Year:2023)
- Listing Courtesy : Re/max Niagara Realty Ltd.
Maximum 4 project can be compared at one go.
$1,299,000
Status: OFF MARKET
Attention investors! 7.5% CAP RATE!! With this property's strategic location close to the upcoming huge residential project, this great property offers a mix of commercial and residential units, it presents an excellent chance to diversify your portfolio & capitalize on the thriving real estate market w/a huge potential to build up to 8 stories high and add up to 6 more residential units for a much handsome return on your investment. Conveniently located on the main floor are 2 commercial units, offering excellent visibility & accessibility to attract a diverse range of businesses. This prime positioning ensures a steady flow of potential tenants & promising future income. Ascending to the 2nd story, you'll find 4 residential units, each w/its own private entrance and separate Hydro meters, ensuring privacy and ease of access for tenants. There are three, two-bdrm units and one three-bdrm unit. Each has its own laundry facilities. Parking is never an issue w/parking for up to 20 cars.
Property Type | :Commercial |
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MLS Number | :X7013746 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :19 Sep, 2023 (464 Days ago) |
Source | :TRREB |
Area | :Niagara |
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Postal Code | : L3B 5C1 |
Price | : $1,299,000 |
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Property Taxes | :$8000.00 |
Tax Year | :2023 |
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Cross Street | :Canal Bank St & Ontario Rd |
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19 Sep, 2023
TREB #X7013746
Available
$1299000.0