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$4,299,999
Available - For Sale
Listing ID: X12301014
Welcome to 55 McAlpine Ave. S., a well-constructed concrete building offering stability and durability. This property features 23 spacious units, including 8 one-bedroom and 15 two-bedroom apartments, situated in a quiet, desirable neighborhood. Conveniently located near all major retailers, downtown, and major highways, it provides excellent tenant appeal and accessibility. The building is equipped with an elevator for easy access, ample parking at the rear, and on-site laundry facilities for tenant convenience. Each unit has its own separate boiler and on-demand water system, ensuring efficient and reliable service. This property presents a fantastic opportunity for investors seeking a low-maintenance, income-generating asset in a sought-after location.
Price $4,299,999
Taxes: $42,296
Tax Type: Annual
Occupancy by: Tenant
Address: 55 Mcalpine Aven South , Welland, L3B 1T7, Niagara
Postal Code: L3B 1T7
Province/State: Niagara
Legal Description: LTS 815, 816, 817, 818, 996, 997 & 998 P
Directions/Cross Streets: East Main/Mcalpine
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Apartment
Use: Apts - Over 20 Units
Building Percentage: T
Total Area: .58
Total Area Code:  Acres
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Rail: N
Heat Type: Baseboard
Central Air Conditioning: No
Sewers: Sanitary+Storm
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Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
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.
RE/MAX REALTY SPECIALISTS INC.

55 Mcalpine Aven South , Welland, L3B 1T7, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style:
Lot Size: x 238.00(Feet)
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Tax: $42,296
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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