Rachel Stempski

Broker


LOADING

290 Division Street Welland, Ontario L3B 4A4

5 Bedroom 4 Bathroom 2169 sqft
None 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 40635648
Property Type Single Family
Amenities Near By Public Transit
Equipment Type Water Heater
Features Paved Driveway, In-law Suite
Parking Space Total 15
Rental Equipment Type Water Heater
Structure Workshop

Building

Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Total 5
Appliances Stove, Washer, Gas Stove(s)
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1920
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Stucco, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2169 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
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

Rooms

Level Type Dimensions
Second Level 3pc Bathroom Measurements not available
Second Level Kitchen 9'3'' x 11'8''
Second Level Bedroom 13'3'' x 9'10''
Second Level Living Room 10'7'' x 13'3''
Third Level Bedroom 14'5'' x 7'6''
Basement 3pc Bathroom Measurements not available
Main Level 3pc Bathroom Measurements not available
Main Level Eat In Kitchen 8'4'' x 6'0''
Main Level Bedroom 8'4'' x 6'0''
Main Level Primary Bedroom 22'6'' x 12'9''
Main Level Kitchen 11'8'' x 9'11''
Main Level Dining Room 13'7'' x 11'3''
Main Level 4pc Bathroom Measurements not available
Main Level Living Room 18'6'' x 12'2''
Main Level Foyer Measurements not available
Main Level Bedroom 13'6'' x 9'3''

https://www.realtor.ca/real-estate/27376937/290-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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