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Home ON St. Catharines - Niagara Welland Market Square
38 DIVISION STREET
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38 DIVISION STREET $799,999
$799,999
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38 DIVISION STREET
Welland (768 - Welland Downtown), Ontario L3B3Z6

MLS® Number: X10408164

Listing Description

Rare purpose built 4 plex building opportunity for purchase in the heart of Welland, downtown! LIVE, WORK & PLAY with this Solid mixed-use building in downtown core, currently fully leased with 3 residential apartments and 1 commercial unit. The main floor is a commercial unit current used as a Salon with a long term lease in place. The 3 Residential units are very spacious and have solid, quality tenants with potential for future large lease increases! Many possibilities here. Has its own driveway access and 3 car parking in the rear. Many upgrades include a newer Roof (2023) and fully renovated commercial unit and unit 1 (with market rents). Many incentives in the downtown core available. Full financial statement and feature sheets attached in the listing. (38026506)

Location Description

Division and Main

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
768 - Welland Downtown
Land Size
Bldg=22.82 x 126.16 FT
Annual Property Taxes
$4,114.02
Time on REALTOR.ca
15 days

Building

Interior Features
Appliances Included
Refrigerator, Stove
Heating & Cooling
Heating Type
Radiant heat
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
3400 sqft
Exterior Building Size
3400 sqft

Land

Lot Features
Frontage
22 ft ,9 in
Land Depth
126 ft ,1 in
Other Property Information
Zoning Description
DMC
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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