$ 549,000
290 Division ST Welland, ON L3B 4A4
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 549,000
Est. payment /mo
Active
290 Division ST Welland, ON L3B 4A4
5 Beds
4 Baths
UPDATED:
09/06/2024 08:24 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9305088
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $3,517
Tax Year 2024
Property Description
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!
Location
Province ON
County Niagara
Zoning DMC
Rooms
Family Room No
Basement Full, Partially Finished
Kitchen 3
Interior
Interior Features Accessory Apartment, In-Law Capability, Separate Hydro Meter
Cooling None
Inclusions Gas Stove, Stove, Washer, A TOTAL OF 3 STOVE, 2 FRIDGES AND ONE WASHER
Exterior
Garage Private Triple
Garage Spaces 15.0
Pool None
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 15
Building
Foundation Block
Listed by ROYAL LEPAGE NRC REALTY