$749,900 FOR SALE

Triplex

Bedrooms: 3Bathrooms: 3Lot: 44 x 0 ft

121 Welland Avenue
St. Catharines, ON L2R 2N4

Opportunity Knocks! This mixed use commercial/residential building is centrally located in downtown St. Catharines and may provide the perfect opportunity for investors and entrepreneurs alike. This property boasts an 1814 sqft commercial unit, a 2 bedroom apartment and 1 bedroom apartment all with seperate entrances / hydro meters, and a detached double car garage. The Commercial unit fronts onto Welland Avenue directly across the street from busy commercial plaza. Possible options for the commercial unit include nail salon, hair salon, pet grooming, convenience store, massage/physio centre, food service outlet, business office and more. Current owner has occupies the commercial space for $1,800/mth plus hydro and the 1 bedoom apartment at $1,100/month plus hydro. The owner has operated the commerical space as a successful furniture upholstering business for the past 19 years. The 2 bedroom apartment is currently rented by a long term tenant on a month to month basis for $1,100 per month. The owner is willing to stay on or vacate both the commercial and/or the 1 bedroom apartment unit. 3 Separate Hydro meters, private parking for 4 cars plus 2 garage spaces. This rare high exposure mixed used property is a must see, book your private viewing today! (id:47423)

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Listed By ROYAL LEPAGE NRC REALTY
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40615416
Last Updated Jul 04, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision 451 - Downtown
Price History
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Detailed Information
Bedrooms 3
Bathrooms 3
Lot 44 x 0 ft
Amenities Nearby Public Transit, Schools
Equipment Water Heater
Features Paved driveway, Automatic Garage Door Opener
Listing Contract Date 2024-07-03
Location Description Geneva Street to Welland Avenue or Ontario Street to Welland Avenue
Ownership Type Freehold
# of Parking Spaces 6
Property Type Multi-family
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description C2
Building
Appliances Window Coverings
Basement Development Partially finished
Basement Type Full (Partially finished)
Exterior Finish Brick Veneer, Stucco, Shingles
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Radiant heat
Stories Total 2
Type Triplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size under 1/2 acre
Access Type Road access, Highway access
Amenities Public Transit, Schools
Sewer Municipal sewage system

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