Rachel Stempski

Broker


LOADING

160 Welland Avenue St. Catharines, Ontario L2R 2N6

4 Bedroom 2 Bathroom 1764
None Radiant Heat

$739,000

Attention investors and house hackers alike! Located in downtown St Catharines, this property offers the chance to live for less than $1000 per month. Unlock a steady income stream with this versatile (legal duplex), very well maintained, investment property and/or home. Featuring triplex potential by way of converting the large 3 car garage into a garden suite or Accessory Dwelling Unit (ADU), this property offers secure returns. With vacant possession possible on the horizon, this property offers immediate opportunities. For those looking to House Hack - live in one of the large and bright units while having the majority of your mortgage paid for by the second unit and garage (garage currently rented for $300/month with potential for additional $400 for the second side). For the Investors out there, rent out fully and increase your monthly gross by converting the large 3 car garage into an ADU. Unit details include a main level unit with 2 bedrooms, 1 bath, dining, living, and a finished basement with laundry, while the upper unit offers 2 bedrooms, 1 bath, and spacious dining plus a family room. With Vendor Take Back Financing and an Assumable Mortgage possible, Don't miss out and seize this income-generating gem today! (id:50705)

Property Details

MLS® Number 40506008
Property Type Multi-family
Amenities Near By Place Of Worship, Public Transit, Schools, Shopping
Community Features High Traffic Area
Features Southern Exposure, Paved Driveway
Parking Space Total 6

Building

Bathroom Total 2
Bedrooms Total 4
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1900
Construction Material Concrete Block, Concrete Walls
Cooling Type None
Exterior Finish Concrete, Metal
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 1764
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 105 Ft
Size Frontage 34 Ft
Size Total Text Under 1/2 Acre
Zoning Description M2

https://www.realtor.ca/real-estate/26221536/160-welland-avenue-st-catharines

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James Kowalewski
Salesperson

(647) 309-5268

RE/MAX Escarpment Realty Inc., Brokerage
214 King Street
St. Catharines, Ontario L2V 1W9

(905) 545-1188
remaxescarpment.com/

Kayla Smith
Salesperson

(289) 244-3483

RE/MAX Escarpment Realty Inc., Brokerage
214 King Street #mainb
St. Catharines, Ontario L2V 1W9

(905) 545-1188
remaxescarpment.com/

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