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! (id:47423)
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Listed By
ROYAL LEPAGE NRC REALTY, COLDWELL BANKER ADVANTAGE REAL ESTATE INC, Brokerage
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Detailed Information
Bedrooms
5
Bathrooms
4
Lot
50 x 126 ft
Amenities Nearby
Public Transit
Equipment
Water Heater
Features
Paved driveway, In-Law Suite
Listing Contract Date
2024-09-06
Location Description
EAST MAIN STREET TO DIVISION
Ownership Type
Freehold
# of Parking Spaces
15
Property Type
Single Family
Rental Equipment
Water Heater
Structures
Workshop
Transaction Type
For sale
Zoning Description
DMC
Building
Appliances
Stove, Washer, Gas stove(s)
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Constructed Date
1920
Construction Style (Attachment)
Detached
Cooling Type
None
Exterior Finish
Brick, Stucco, Vinyl siding
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
3pc Bathroom
Second level
Measurements not available
Kitchen
Second level
9'3'' x 11'8''
Bedroom
Second level
13'3'' x 9'10''
Living room
Second level
10'7'' x 13'3''
Bedroom
Third level
14'5'' x 7'6''
3pc Bathroom
Basement
Measurements not available
3pc Bathroom
Main level
Measurements not available
Eat in kitchen
Main level
8'4'' x 6'0''
Bedroom
Main level
8'4'' x 6'0''
Primary Bedroom
Main level
22'6'' x 12'9''
Kitchen
Main level
11'8'' x 9'11''
Dining room
Main level
13'7'' x 11'3''
4pc Bathroom
Main level
Measurements not available
Living room
Main level
18'6'' x 12'2''
Foyer
Main level
Measurements not available
Bedroom
Main level
13'6'' x 9'3''
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Amenities
Public Transit
Sewer
Municipal sewage system
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