Rachel Stempski

Broker


LOADING

290 Division Street Welland, Ontario L3B 4A4

5 Bedroom 3 Bathroom 2169 sqft
Wall Unit Forced Air

$549,000

AMAZING INVESTMENT OPPORTUNITY! This outstanding 2.5 storey, 2169 sqft LEGAL TRIPLEX in the heart of Welland is a unique opportunity as a residential rental of 3 units, purchase and live in one unit and rent out the other two, or take advantage of the DMC zoning (full list of permitted uses in supplements) and create a commercial use property offering business space ranging from 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 for just a partial list! This substantial property has TWO DRIVEWAYS (one on either side of the house) w/parking for up to 15 cars that lead to a large backyard with a TRIPLE CAR GARAGE. The building boats the 1920 original charm seen throughout from the stunning original hardwood flooring to 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and built-in kitchen table, seating and storage cubbies in the formal dining room of the main unit. This property contains THREE UNITS: A BACHELOR ON THE MAIN FLOOR + A MAIN FLOOR STUNNER WITH 2 BEDROOMS, LARGE 4 PC BATH, HUGE FOYER, FORMAL DINING ROOM PLUS SEPARATE KITCHEN AND SPRAWLING COVERED FRONT PORCH, + AN UPPER 2 BEDROOM UNIT WITH EXTRA CLOSET SPACE, A COVERED SUNPORCH OFF OF THE LIVING ROOM AND THE SECOND BEDROOM ON THE THIRD FLOOR OFFERING EXTRA PRIVACY. There are TWO SEPARATE HYDRO METERS (one for the main floor units and one for the upper unit). The basement is partially finished with a 4th bathroom and has been finished and used as another bedroom with a large EGRESS WINDOW. The panel is a 200 amp with separate 100 amp and copper wiring. This property awaits your creative finishing and is an excellent investment opportunity! (id:50705)

Property Details

MLS® Number 40635805
Property Type Multi-family
Amenities Near By Public Transit
Features Paved Driveway
Parking Space Total 15
Structure Workshop, Porch

Building

Bathroom Total 3
Bedrooms Total 5
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1920
Cooling Type Wall Unit
Exterior Finish Brick, Stucco, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2169 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 126 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description Dmc

https://www.realtor.ca/real-estate/27376599/290-division-street-welland

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Lisa Ibba
Salesperson

(905) 394-0902
www.homesniagara.com/

Royal LePage NRC Realty
35 Maywood Avenue
St. Catharines, Ontario L2R 1C5

(905) 688-4561
www.homesniagara.com/

Ryan Dyck
Salesperson

(905) 246-4303

Coldwell Banker Advantage Real Estate Inc, Brokerage
800 Niagara Street
Welland, Ontario L3C 7L7

(905) 788-3232
www.coldwellbankeradvantage.ca/

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