LOCATION, LOCATION, LOCATION! Opportunity awaits you in this unique home situated on 1.77 acres in the quiet neighbourhood of Dain City. Nature abounds here; you have the waterway (old portion of the Welland Canal), its beautiful views and amazing sunsets out the front of the property and a treed/wooded/private area in the back. Imagine having your own camping site at the back of your property and seeing all that nature has to offer with wildlife sitings (foxes, woodpeckers, blue jays, cardinals and more). Currently this home holds 3 separate living spaces (two 2-bedrooms and a bachelor apt.). Zoning is RL1 and provides you with numerous ways to use the property. You could easily convert the front of the home and the back of the home into one living space, while still having a bachelor apartment above the garage for extra income. Zoning down the road has RL2 (medium density), and would require the buyer to speak with the City of Welland to see if rezoning is possible. Front house unit has a large living room with fireplace and sliding doors leading to large deck and an amazing sunset/canal view! There are also 2 bedrooms, kitchen and 3-piece bath. Current tenant is willing to stay, or relocate, based on buyer's needs. The back house unit boasts a 10' ceiling in the main kitchen/living/dining area with a wood-burning stove, siding glass door leading to a patio area and private back yard. This patio area will also hold a new extension to add more space to the main living area. Two bedrooms, laundry, office space, fully renovated bathroom with high quality finishes and a large walk-in shower await you on the lower level. Greenhouse and two sheds are also included. The bachelor apartment above the garage has a wonderful view to the canal/sunsets out front and a large private back deck out back. The Flatwater Centre is close by, Dragon Boat Festivals, regattas & rowing are regular events on the Canal, and the Trans Canada Trail is located just across the canal.