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$649,900
Available - For Sale
Listing ID: X10454128
THIS COMMERCIAL ZONED SIDE-BY-SIDE DUPLEX @ 1323 sqft IS CURRENTLY RESIDENTIALLY RENTED AS TWO UNITS: A 1 BEDROOM AND A LARGE 2 BEDROOM BUT MAY BE USED UNDER THE MANY COMMERCIAL USES UNDER INSH, CC2. LOCATED IN A GROWING AND CENTRAL AREA OF WELLAND, ACROSS THE STREET FROM THE WELLAND FIRE STATION, CLOSE TO RESTAURANTS, THE HOSPITAL, THE CANAL & WALKING TRAILS, PLUS PROXIMAL TO A PLETHORA OF RESIDENTIAL DEVELOPMENT--PERFECT FOR SHORT TERM RENTALS, RESTAURANTS, VARIOUS STOREFRONTS & BUSINESSES! THE FRONT UNIT IS SURPRISINGLY SPACIOUS WITH 2 BEDROOMS, LARGE BATHROOM AND SPRAWLING OPEN CONCEPT KITCHEN/LIVING/DINING ROOM. THE REAR UNIT HAS ONE BEDROOM AND MANY UPDATES COMPLETED IN 2022. THIS UNIT HAS A PRIVATE REAR FENCED PATIO AREA. BOTH UNITS HAVE TWO ENTANCES AND ACCESS TO THE FULL BASEMENT (WITH SEPARATE ENTRANCE) AND USE THE COIN OPERATED WASHER AND DRYER. PRIVATE REAR PARKING, ASPHALT DRIVEWAY AND PARKING FOR 3 CARS PLUS PLENTY OF STREET PARKING. WITH THE NEARBY COMMUNITY GROWING RAPIDLY, THIS PROPERTY IS AN EXCELLENT OPPORTUNITY TO DEVELOP AS A COMMERCIAL SPACE EX. STORE/BUSINESS TO ACCOMODATE THE INCREASING POPULATION. **EXTRAS** Separate Hydro Meters
Price $649,900
Taxes: $1,623
Tax Type: Annual
Occupancy by: Tenant
Address: 639 King St , Welland, L3B 3L5, Ontario
Postal Code: L3B 3L5
Province/State: Ontario
Lot Size: 33.5 x 108.61 (Feet)
Directions/Cross Streets: Corner of King and seventh
Zoning: INSH CC2
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 1,323
Total Area Code:  Sq Ft
Financial Statement: N
Chattels: Y
Outside Storage: N
Crane: N
Heat Type: Elec Forced Air
Central Air Conditioning: N
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE NRC REALTY

639 King St , Welland, L3B 3L5, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style:
Lot Size: 33.50 x 108.61(Feet)
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Tax: $1,623
Maintenance Fee: $0
Beds:
Baths: 2
Garage: 0
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