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$499,900
Available - For Sale
Listing ID: X12344737
Great investment potential! This property is zoned RM- Residential Multiple and is also under the CIP program where the city of Welland will aid with reducing development charges. This property is a double lot close to everything- down the street from the new factory being built on Ontario Street, Steps from the canal where they host live music festivals and canal days (you can listen to the music on your balcony), walking distance to the main downtown area where you can take advantage of great stores and food/beverages, steps from NEW doctors office/pharmacy and much more! You could potentially sever the lot and build a smaller dwelling to the left of the house or you can add a garden suite. You can convert the current dwelling into 3 units as the house has 3 separate entrances- main entrance, rear entrance to basement and side entrance to upstairs. OR you can start over and demolish the current dwelling and build a 9-unit apartment at 500 sq ft units. The city of Welland is in favour and can help with some of the charges assuming you will build "affordable housing". CMHC may also lend if the buyer puts in high efficiency products. Many different ways of profiting from this property and providing a great opportunity for the community! Book your private showing today!
Price $499,900
Taxes: $2,057
Assessment Year: 2024
Occupancy by: Vacant
Address: 32 State Stre , Welland, L3B 4K3, Niagara
Directions/Cross Streets: King st
Rooms: 2
Bedrooms: 3
Bedrooms +: 1
Washrooms: 2
Family Room: T
Basement: Development
Separate Ent
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Detached
Style: 2-Storey
Exterior: Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 2
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX NIAGARA REALTY LTD, BROKERAGE

32 State Stre , Welland, L3B 4K3, Niagara


 
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At a Glance:
Type: Freehold - Detached
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style: 2-Storey
Lot Size: x 66.00(Feet)
Approximate Age:
Tax: $2,057
Maintenance Fee: $0
Beds: 3+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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