13 days on Market

36 Welland St, Welland, Ontario L3B 4E4

Townhouse
3 + 2
3
~1500-2000 sqft
$699,999
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Townhouse
3 + 2
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$408/sqft

Est. Mortgage$3,006/mo

Tax Amount (2024)$2,399/yr

Days On Market13 days


Description

Calling All Investors & First-Time Homebuyers! Turnkey Welland Duplex W/ Finished Basement Apartment & Garden Suite Potential!Exceptional Opportunity To Own A Well-Maintained Legal Duplex With A Finished Basement Apartment, Ideal For Generating Multiple Rental Incomes Or Comfortable Multi-Unit Living. The Spacious Main Unit Offers 2 Bedrooms, 1 Bath Over Two Storeys, Featuring A Brand New Kitchen, Open-Concept Layout, Walkout To A Large Backyard, And An Oversized Primary Bedroom With A Private Balcony. Projected Rent: $2,200/Month. The Upper 1-Bed, 1-Bath Unit Has A Separate Rear Entrance And Is Currently Tenanted Month-To-Month At $1,335/Month. The Finished Basement Adds Flexibility And Is Ideal For Additional Rental Income, With A Projected Rent Of $1,200/Month.The Property Includes Two Separate Driveways, Allowing For Parking For 5+ Vehicles, And Is Located In An RM Zoning Area, Which Allows For Further Expansion. Providing Excellent Potential To Increase Value And Rental Income. This Property Offers An Incredible Opportunity For Investors Or Homeowners Looking To Supplement Their Mortgage. 7% Cap Rate Potential. Endless Opportunities Await. Book Your Showing Today! Preliminary Drawings For Garden Suite Potential Available Upon Request.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size6,534 SqFt(132 x 49.5)
Parking Spaces5
MLS ®NumberX12101731
Community NameEastdale
Data SourceTRREB
Listing byROYAL LEPAGE URBAN REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Fin W/O

Bsmt Floor

Laundry

1.99 x 3.19

Living

3.65 x 2.53

Combined W/Dining

Kitchen

2.6 x 2.53

B/I Dishwasher / B/I Microwave

Primary

3.61 x 2.64

Closet


Features

Lot size: 6,534 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property listed by ROYAL LEPAGE URBAN REALTY, Brokerage
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Market Data - Eastdale

Geo Zone Map ThumbnailEastdale

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

0 day

2023

0 day

2022

6 days

New Listings

Past 30 days

2 listings

Compared to

2024

0 listing

2023

2 listings

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$495,000

Compared to

2022

$415,000


Population and Demographics

Overview

Total population 1849
Average household income $82,698

Age (%)

65 and plus
24%
50 to 64
22%
20 to 34
20%
0 to 19
18%
35 to 49
17%

Household composition (%)

Single family
55%
Single person
41%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
76%
French
14%
Italian
3%
English and French
3%
Others
2%
Spanish
1%

House tenancy (%)

Owners
57%
Renters
43%

Schools and amenities

Estimated Budget