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Home ON St. Catharines - Niagara Welland Market Square
290 DIVISION Street
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290 DIVISION Street $549,000
$549,000
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290 DIVISION Street
Welland, Ontario L3B4A4

MLS® Number: 40635805
5
Bedrooms
3
Bathrooms
2169
Square Feet

Listing 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! (68012404)

Location Description

EAST MAIN TO DIVISION

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2.5
Square Footage
2169 sqft
Subdivision Name
768 - Welland Downtown
Title
Freehold
Land Size
under 1/2 acre
Built in
1920
Annual Property Taxes
$3,517
Parking Type
Detached Garage
Time on REALTOR.ca
60 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Paved driveway
Structures
Workshop, Porch
Total Units
3
Heating & Cooling
Cooling
Wall unit
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stucco, Vinyl siding
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Parking Type
Detached Garage
Total Parking Spaces
15

Measurements

Square Footage
2169 sqft
Above Grade Finished
2169 sqft
Source: Other

Land

Lot Features
Fencing
Partially fenced
Frontage
50 ft
Land Depth
126 ft
Other Property Information
Zoning Description
dmc
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4

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