$549,000 FOR SALE

Detached

Bedrooms: 5Bathrooms: 4Lot: 50 x 126 ft

290 Division Street
Welland, ON L3B 4A4

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
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40635648
Last Updated Sep 06, 2024
Property Summary
Property Type Detached

More like this:
Subdivision 768 - Welland Downtown
Price History
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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 BathroomSecond levelMeasurements not available
KitchenSecond level9'3'' x 11'8''
BedroomSecond level13'3'' x 9'10''
Living roomSecond level10'7'' x 13'3''
BedroomThird level14'5'' x 7'6''
3pc BathroomBasementMeasurements not available
3pc BathroomMain levelMeasurements not available
Eat in kitchenMain level8'4'' x 6'0''
BedroomMain level8'4'' x 6'0''
Primary BedroomMain level22'6'' x 12'9''
KitchenMain level11'8'' x 9'11''
Dining roomMain level13'7'' x 11'3''
4pc BathroomMain levelMeasurements not available
Living roomMain level18'6'' x 12'2''
FoyerMain levelMeasurements not available
BedroomMain level13'6'' 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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