ON > Welland
Welland, ON L3B 4A4,290 Division ST
Welland, ON L3B 4A4,290 Division ST
Welland, ON L3B 4A4,290 Division ST
Welland, ON L3B 4A4,290 Division ST
Welland, ON L3B 4A4,290 Division ST
Welland, ON L3B 4A4,290 Division ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 549,000
Est. payment | /mo

5 Beds

4 Baths

Save
$ 549,000
Est. payment | /mo
Save

5 Beds

4 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9305088

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $3,517

Tax Year 2024

Property Description

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!

Location

Province ON

County Niagara

Zoning DMC

Rooms

Family Room No

Basement Full, Partially Finished

Kitchen 3

Interior

Interior Features Accessory Apartment, In-Law Capability, Separate Hydro Meter

Cooling None

Inclusions Gas Stove, Stove, Washer, A TOTAL OF 3 STOVE, 2 FRIDGES AND ONE WASHER

Exterior

Garage Private Triple

Garage Spaces 15.0

Pool None

Roof Type Asphalt Shingle

Parking Type Detached

Total Parking Spaces 15

Building

Foundation Block

Listed by ROYAL LEPAGE NRC REALTY
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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290 Division ST

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