ON > Welland > 768 - Welland Downtown
Welland, ON L3B 4A4,290 Division ST
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Welland, ON L3B 4A4,290 Division ST
Welland, ON L3B 4A4,290 Division ST
Welland, ON L3B 4A4,290 Division ST
Welland, ON L3B 4A4,290 Division ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 525,000
Est. payment /mo
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Active

290 Division ST Welland, ON L3B 4A4

5 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 768 - Welland Downtown

MLS Listing ID X12438455

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $3,517

Tax Year 2024

Property Sub-Type Triplex

Lot Depth 126.42

Lot Front 50.0

Appx SqFt 2000-2500

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY! This spacious 2.5 storey, 2169 sqft LEGAL TRIPLEX located in the heart of Welland is a rare find! Ideal as a residential rental with three unitslive in one and rent out the other twoor leverage the DMC zoning (full list of permitted uses in supplements) to create a commercial property, including options such as a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term Care, Multiple Units, and more! The property offers TWO DRIVEWAYS (one on each side) with space for up to 15 vehicles, leading to a TRIPLE CAR GARAGE. Built in 1920, this home retains its original charm with gorgeous hardwood flooring, 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and a built-in kitchen table with seating and storage cubbies in the main units formal dining room. The triplex includes: a MAIN FLOOR BACHELOR UNIT, a MAIN FLOOR 2-BEDROOM UNIT featuring a large 4 pc bath, expansive foyer, formal dining room, separate kitchen, and covered front porch, plus an UPPER 2-BEDROOM UNIT with extra closet space, a covered sunporch off the living room, and a private third-floor bedroom. Two separate hydro meters serve the units. The basement is partially finished with a 4th bathroom and has been utilized as an additional bedroom with a large egress window. Electrical is updated with a 200 amp panel, separate 100 amp service, and copper wiring. This property is ready for your finishing touches and represents a phenomenal investment opportunity! NOTE: Property is being sold in an "as is, where is" condition. Seller is related to the listing agent.

Location

Province ON

County Niagara

Community 768 - Welland Downtown

Area Niagara

Rooms

Family Room No

Basement Partially Finished, Full

Kitchen 3

Interior

Interior Features Accessory Apartment, In-Law Capability, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 126.42

Total Parking Spaces 15

Building

Foundation Block

Others

ParcelsYN No

Listed by EXP REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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290 Division ST

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