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$695,000
Available - For Sale
Listing ID: X7347290
Excellent opportunity to own a 5 units property in 2 buildings with plenty of parking between the 2 buildings in the Niagara region in Welland. The property has 3 -2 bedrooms apartments and 1 - 1 bedroom apartment plus a store front and there is also an exterior sign rental. Fully rented. Tenants pay own hydro. Property is in a great location. May require some rennovations but seller is willing to offer a partial VTB (second mortgage at a very low interest rate for up to 2 years depending on the offer) so a buyer may possibly have the opportunity to buy this property with a low deposit or to possibly lower the total monrhtly mortgage payments.
Price $695,000
Taxes: $3,200
Tax Type: Annual
Occupancy by: Tenant
Address: 602 Main St , Welland, L3B 3Y2, Ontario
Postal Code: L3B 3Y2
Province/State: Ontario
Legal Description: LT 125 PL 945; Welland
Lot Size: 127 x 40 (Feet)
Directions/Cross Streets: Main St E/Wallace Ave E
Zoning: Commercial
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 5,177
Total Area Code:  Sq Ft
Sprinklers: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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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.
RIGHT AT HOME REALTY

602 Main St , Welland, L3B 3Y2, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
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Lot Size: 127.00 x 40.00(Feet)
Approximate Age:
Tax: $3,200
Maintenance Fee: $0
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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