290 DIVISION STREET, Welland (768 - Welland Downtown), Ontario, CA

Address: 290 DIVISION STREET, Welland (768 - Welland Downtown), Ontario

5 Beds4 Baths0 sqftStatus: Buy
Price $499,900

Property Overview


AMAZING INVESTMENT OPPORTUNITY! This outstanding 2.5 storey, 2169 sqft LEGAL TRIPLEX in the heart of Welland is a unique opportunity as a residential rental of 3 units, purchase and live in one unit and rent out the other two, or take advantage of the DMC zoning (full list of permitted uses in supplements) and create a commercial use property offering business space ranging from a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term care, Multiple Units for just a partial list! This substantial property has TWO DRIVEWAYS (one on either side of the house) w/parking for up to 15 cars that lead to a large backyard with a TRIPLE CAR GARAGE. The building boats the 1920 original charm seen throughout from the stunning original hardwood flooring to 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and built-in kitchen table, seating and storage cubbies in the formal dining room of the main unit. This property contains THREE UNITS: A BACHELOR ON THE MAIN FLOOR + A MAIN FLOOR STUNNER WITH 2 BEDROOMS, LARGE 4 PC BATH, HUGE FOYER, FORMAL DINING ROOM PLUS SEPARATE KITCHEN AND SPRAWLING COVERED FRONT PORCH, + AN UPPER 2 BEDROOM UNIT WITH EXTRA CLOSET SPACE, A COVERED SUNPORCH OFF OF THE LIVING ROOM AND THE SECOND BEDROOM ON THE THIRD FLOOR OFFERING EXTRA PRIVACY. There are TWO SEPARATE HYDRO METERS (one for the main floor units and one for the upper unit). The basement is partially finished with a 4th bathroom and has been finished and used as another bedroom with a large EGRESS WINDOW. The panel is a 200 amp with separate 100 amp and copper wiring. This property awaits your creative finishing and is an excellent investment opportunity! (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
House
Storeys
2.5
Community Name
768 - Welland Downtown
Title
Freehold
Land Size
50 x 126.42 FT|under 1/2 acre
Parking Type
Detached Garage
Building
Bedrooms
Above Grade
5
Bathrooms
Total
5
Interior Features
Appliances Included
Refrigerator, Stove, Washer
Flooring
Hardwood
Basement Type
Full (Partially finished)
Building Features
Foundation Type
Block
Style
Detached
Rental Equipment
Water Heater
Building Amenities
Separate Electricity Meters
Structures
Workshop
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stucco
Parking
Parking Type
Detached Garage
Total Parking Spaces
15
Land
Other Property Information
Zoning Description
DMC
Level Rooms Dimensions
Second level Living room 3.23 m x 4.04 m
Bedroom 4.04 m x 3 m
Kitchen 2.82 m x 3.56 m
Main level Bedroom 4.11 m x 2.82 m
Living room 5.64 m x 3.71 m
Dining room 4.14 m x 3.43 m
Kitchen 3.56 m x 3.02 m
Primary Bedroom 6.86 m x 3.89 m
Bedroom 2.54 m x 1.83 m
Kitchen 2.54 m x 1.83 m
Other Bedroom 4.39 m x 2.29 m

Features
           Detached Garage            Refrigerator            Stove
           Washer            Separate Electricity Meters
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Your Home Finance Calculation

Property Price CA $499,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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