$925,000
FOR SALE

Triplex

Bedrooms: 5Bathrooms: 3Lot: 76 x 0 ft

40 Kingsway
Welland, ON L3B 3N8

LOCATION, LOCATION, LOCATION! Opportunity awaits you in this unique 3-unit property (two 2-bedroom units and a bachelor apartment above the garage) situated on 1.77 acres in the quiet neighbourhood of Dain City. Nature abounds here; you have the waterway (old portion of the Welland Canal), its beautiful views and amazing sunsets out the front of the property and a treed/wooded/private area in the back. Imagine having your own camping site at the back of your property and seeing all that nature has to offer with wildlife sitings (foxes, woodpeckers, blue jays, cardinals and more). Zoning is RL1 and provides you with numerous ways to use the property. You could easily convert the front and back units into one large unit, while still having a bachelor apartment above the garage for extra income. Zoning down the road is RL2 (medium density), and would require buyer to speak with the City of Welland to see if rezoning is possible. Front unit has a large living room with sliding doors leading to large deck and an amazing sunset/canal view! There are also 2 bedrooms, kitchen and 3-piece bath. Current tenant is willing to stay, or relocate, based on buyer's needs. The back unit boasts a 10' ceiling in the main kitchen/living/dining area with a wood-burning stove, siding glass door leading to a patio area and private back yard. This patio area will also hold a new extension to add more space to the main living area. Two bedrooms, laundry, office space, fully renovated bathroom with high quality finishes and a large walk-in shower await you on the lower level. Greenhouse and two sheds are also included. The bachelor apartment above the garage has a wonderful view to the canal/sunsets out front and a large private back deck out back. The Flatwater Centre is close by, Dragon Boat Festivals, regattas & rowing are regular events on the Canal, and the Trans Canada Trail is located just across the canal. Don't miss out on this amazing property! (id:47421)
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Listed By RORE REAL ESTATE
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40626396
Last Updated Oct 11, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision 774 - Dain City
Price History

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Detailed Information
Bedrooms 5
Bathrooms 3
Lot 76 x 0 ft
Amenities Nearby Hospital, Schools, Shopping
Community Features Quiet Area
Listing Contract Date 2024-07-29
Location Description Hwy 58A to Canal Bank Street (south). Canal Bank Street turns into Kingsway.
Ownership Type Freehold
# of Parking Spaces 7
Property Type Multi-family
Structures Greenhouse, Shed
Transaction Type For sale
Zoning Description RL1
Building
Appliances Freezer, Microwave, Window Coverings
Basement Development Finished
Basement Type Full (Finished)
Cooling Type Wall unit
Exterior Finish Stucco, Vinyl siding
Foundation Type Poured Concrete
Heating Type Baseboard heaters, Stove
Stories Total 1
Type Triplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Attached Garage
Land
Total Size 1/2 - 1.99 acres
Access Type Road access
Amenities Hospital, Schools, Shopping
Sewer Municipal sewage system

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