REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,500,000
Est. payment /mo
Active
951 EAST MAIN ST Welland, ON L3B 3Z2
35 Beds
15,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $300
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12196052
Bedrooms 35
Building Age 51-99
Annual Tax Amount $35,401
Tax Year 2024
Property Sub-Type Investment
Lot Depth 201.0
Lot Front 108.0
Property Description
Located just off the 406 and minutes from Niagara College, this well-positioned 18-unit multifamily asset offers a strategic blend of stability andupside potential in one of Niagaras most desirable rental corridors. The building has seen extensive recent improvements including freshlypainted main hallways, new flooring and baseboards (2022), and renovated kitchens, bathrooms, and interiors in the majority of units. A select number of suites remain primed for value-add upgrades and rent optimization. Key operational advantages include separately metered hydro, Coinamatic laundry, tenant storage units, a modern security system, and ample on-site parking all enhancing tenant satisfaction and reducing owner overhead. ?? Investment Highlights: 18 updated residential units Majority of renovations completed Prime rental location near 406 &Niagara College Coin-operated laundry & tenant storage Separate hydro meters & security system Value-add potential with strong rent growth upside This is an excellent opportunity for investors seeking turn-key performance with long-term value growth in a thriving rental market.
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 108.0
Lot Depth 201.0
Building
Lot Description Irregular Lot
New Construction false
Listed by KELLER WILLIAMS CO-ELEVATION REALTY
GET MORE INFORMATION
TORONTO NEIGHBOURHOODS
- Luxury Toronto Homes for Sale
- Homes for sale in Midtown Toronto HOT
- Condos for sale in Midtown Toronto
- Homes for sale in Davisville Village
- Homes for sale in Leaside
- Homes for sale in Bennington Heights
- Homes for sale in Chaplin Estates
- Homes for sale in Rosedale
- Homes for sale in Lawrence Park
- Homes for sale in Moore Park
- Homes for sale in Deer Park
- Homes For sale in Sherwood Park
- Homes for sale in Casa Loma
- Homes for sale in Summerhill
- Homes for sale in Yorkville
- Homes for sale in The Annex
- Homes for sale in St Lawrence Market
- Homes for sale in Leslieville
- Homes for sale in North Riverdale
- Homes for sale in South Riverdale
- Homes for sale in High park
- Homes for sale in Roncesvalles
- Homes for sale in The Junction
- Homes for sale in Cricket club
- Homes for sale in Hoggs Hollow
- Homes for sale in Yonge & Lawrence
- Homes sold in Leaside
- Homes Sold in Rosedale
- Homes sold in Davisville Village
- Homes sold in Lawrence Park