$599,000 FOR SALE

Investment

Lot: 29.94 x 110 ftTotal Area: 1,000 ft2
2024 Taxes: $3,138.97Maintenance Fees: $300

168 Windsor St
Welland, ON L3C 6T6 | Niagara

Welcome to 168 Windsor street, nestled in a vibrant, family-friendly neighborhood, this property offers convenient access to parks, medical offices, grocery stores, and a variety of restaurants. This raised bungalow features two LEGAL units, each with its own separate entrance and laundry facilities. The upper unit boasts 3 spacious bedrooms and 1 bathroom, previously rented for $1,995/month plus hydro. The lower unit, filled with natural light, includes 2 bedrooms and 1 bathroom, currently rented for $1,550/month plus hydro. With both units becoming vacant upon closing, this property is a fantastic opportunity for investors, multi-generational families, or house hackers looking to maximize value. Don't miss out on this versatile and income-generating home!

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Listed By COLDWELL BANKER ADVANTAGE REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9368720
Last Updated Sep 26, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 641240058
Legal Description PCL 51-2, SEC M68; PT LI 51, PL M68, PT 4 59R4979;
Occupancy Tenant
Possession Date Imm W/Tenants
Taxes (2024) $3,138.97
Tax Type Annual
Maintenance Fees $300
Assessment (2024) $174,000
Directions/Cross Streets Riverside Dr. to Windsor St.
Area Niagara
Price History
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Detailed Information
Freestanding Y
Lot 29.94 x 110 ft
Total Area 1,000 ft2
Air Conditioning Y
Basement Y
Garage Type None
Heat Type Gas Forced Air Open
Financial Statement N
Gross Income/Sales $41,976
Net Income Before Debt $32,265
Water Expense $1,182
Heat Expenses $1,774
Insurance Expense $1,542
Management Expense $1,774
Operating Expenses $9,711
Year Expenses $2,024
Expenses Actual/Estimated Est
Area Influences Public Transit
Utilities A
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning RL2
Seller Property Info Statement N

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