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• 20 Patricia Ave, Welland, ON L3C 1E8

$599,000 ^{FOR SALE}

Investment

Lot: 37.3 x 114 ftTotal Area: 1,016 ft²
2024 Taxes: $3,572

20 Patricia Ave
Welland, ON L3C 1E8 | Niagara

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This legal duplex is a 4-level backsplit located on a quiet dead-end street, and is surrounded by an array of amenities. The upper unit has an open-concept main floor layout with 3 bedrooms and a bathroom located on the upper level. The lower unit has an abundance of natural light and is a 2 bedroom apartment complete with stainless steel, and a stackable washer and dryer. The furnace and AC are only 2 years, and the lower unit is rented at market rent plus hydro. Take advantage of this great opportunity to own multigenerational home or investment property in one of the most desirable areas of Welland.

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Listed By	COLDWELL BANKER ADVANTAGE REAL ESTATE
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9357293
Last Updated	Sep 19, 2024

Property Summary

Property Type	Investment More like this: Welland Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
PIN	640860299
Occupancy	Tenant
Possession Date	Imm W/Tenant
Taxes (2024)	$3,572
Tax Type	Annual
Assessment (2024)	$198,000
Directions/Cross Streets	Off Thorold Road between Niagara St. and Aqueduct
Area	Niagara

Price History

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Detailed Information

Freestanding	Y
Lot	37.3 x 114 ft
Total Area	1,016 ft2
Air Conditioning	Y
Basement	Y
Garage Type	None
Heat Type	Gas Forced Air Open
Financial Statement	N
Gross Income/Sales	$45,300
Net Income Before Debt	$35,128
Heat Expenses	$2,400
Insurance Expense	$2,400
Operating Expenses	$10,172
Taxes Expense	$3,572
Year Expenses	$2,024
Expenses Actual/Estimated	Est
Sprinklers	N
Utilities	A
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	RL1
Seller Property Info Statement	N

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