$749,000
FOR SALE

Triplex

Bedrooms: 5Bathrooms: 4Lot: 58 x 100 ft

46 Commercial Street
Welland, ON L3B 2P4

Attn Investors and House Hackers! This recently renovated, fully legal triplex offers three stunning, self-contained units on a spacious lot. Each unit features its own in-suite laundry and ample parking. Additionally, the property includes a large detached 2-car garage with potential for an accessory dwelling unit (ADU). The comprehensive renovation includes a new roof (2020), hot water heater (2020), and waterproofing (2008), ensuring peace of mind for years to come. Conveniently located near various local amenities and major highways, this property provides easy access to all of Niagara. It’s also just 500 meters from Linamar’s upcoming giga casting factory, expected to create 200 jobs by early 2025. Nestled in the heart of Welland, this exceptional property is perfect for the savvy investor seeking a turn-key solution. It’s also an ideal choice for those looking to offset mortgage payments through house-hacking or for multi-generational living. Don’t miss out on this amazing opportunity! (id:47421)
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Listed By RE/MAX ESCARPMENT REALTY INC., Brokerage
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number 40648509
Last Updated Sep 17, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision 773 - Lincoln/Crowland
Price History

Interested in obtaining the full price history for this property?
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Detailed Information
Bedrooms 5
Bathrooms 4
Lot 58 x 100 ft
Amenities Nearby Hospital, Place of Worship, Public Transit, Schools, Shopping
Community Features School Bus
Features Crushed stone driveway
Listing Contract Date 2024-09-16
Location Description Ontario Road to Commercial Street
Ownership Type Freehold
# of Parking Spaces 6
Property Type Multi-family
Transaction Type For sale
Zoning Description RL2
Building
Appliances Window Coverings
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1954
Construction Material Concrete block, Concrete Walls
Cooling Type Central air conditioning
Exterior Finish Aluminum siding, Concrete, Metal, Vinyl siding
Foundation Type Block
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Triplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Hospital, Place of Worship, Public Transit, Schools, Shopping
Sewer Municipal sewage system

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