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53-55 Huron Street Welland (Dain City), Ontario L3B 5J5

8 Bedroom 4 Bathroom 3500 - 5000 sqft
Central Air Conditioning Forced Air

$1,250,000

Rare opportunity to own a brand-new, fully leased legal 4-plex in Welland's growing Dain City neighbourhood. Built as two side-by-side semi-detached buildings, 53-55 Huron Street offers over 4000+ square ft. of finished space across four self-contained units, with all fire separations and ratings built to code. Each side has a spacious 1,480 sq ft three-storey upper unit and a 715 sq ft lower unit. The upper units have an attached garage plus driveway parking, an open-concept kitchen, dining and living area, a separate rec and flex room, three bedrooms (two with walk-in closets), a main bath with double vanity, and in-suite laundry. The lower units span the main and lower floors, with an open living and dining area, a full kitchen, walkout access to a private deck, a bedroom, a 3-piece bath and in-suite laundry. Each unit has its own hydro panel, hot water tank and heating and cooling (heat pumps in the lower units), and there are no rental contracts on the equipment. Tenants pay their own hydro, there are no gas costs, and water is billed back to tenants each month. As a new build, maintenance costs are minimal.The property is fully leased, bringing in over $90,000 in gross annual rent. It sits on a 40 x 125 ft lot close to the Welland Recreational Canal, parks, schools and quick access to Hwy 406 and 140. A turnkey, low-maintenance investment in a high-demand rental market. (id:50705)

Property Details

MLS® Number X14172086
Property Type Multi-family
Community Name 774 - Dain City
Amenities Near By Hospital, Park, Place Of Worship, Public Transit
Community Features School Bus
Equipment Type None
Parking Space Total 4
Rental Equipment Type None

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Age 0 To 5 Years
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 3500 - 5000 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit
Sewer Sanitary Sewer
Size Depth 125 Ft ,3 In
Size Frontage 40 Ft ,2 In
Size Irregular 40.2 X 125.3 Ft
Size Total Text 40.2 X 125.3 Ft

Rooms

Level Type Dimensions
Second Level Recreational, Games Room 4.57 m x 3.51 m
Second Level Recreational, Games Room 4.57 m x 3.51 m
Second Level Living Room 4.57 m x 3.51 m
Second Level Living Room 4.57 m x 3.51 m
Second Level Dining Room 3.4 m x 3.35 m
Second Level Dining Room 3.4 m x 3.35 m
Second Level Kitchen 4.04 m x 3.4 m
Second Level Kitchen 4.04 m x 3.4 m
Third Level Bedroom 3.96 m x 3.4 m
Third Level Bedroom 3.96 m x 3.4 m
Third Level Bathroom 3.05 m x 2.29 m
Third Level Bedroom 2.87 m x 3.05 m
Third Level Bedroom 2.87 m x 3.05 m
Third Level Bedroom 2.87 m x 3.05 m
Third Level Bedroom 2.87 m x 3.05 m
Lower Level Bedroom 3.58 m x 3.48 m
Lower Level Bedroom 3.58 m x 3.48 m
Lower Level Bathroom 2.08 m x 2.44 m
Lower Level Bathroom 2.08 m x 2.33 m
Main Level Kitchen 3.96 m x 3.66 m
Main Level Kitchen 3.96 m x 3.66 m
Main Level Living Room 3.4 m x 4.57 m
Main Level Living Room 3.4 m x 4.57 m

https://www.realtor.ca/real-estate/30504065/53-55-huron-street-welland-dain-city-774-dain-city

Interested?

Contact us for more information


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Anthony Petti
Salesperson

(905) 328-2902
https://www.collectiverealty.ca/
https://www.instagram.com/anthonypettirealestate/
https://www.youtube.com/@apetticollectiverealty

RE/MAX Niagara Realty Ltd, Brokerage
261 Martindale Rd., Unit 14c
St. Catharines, Ontario L2W 1A2

(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/

Rana El Saharty
Salesperson

(905) 351-7923

RE/MAX Niagara Realty Ltd, Brokerage
261 Martindale Rd., Unit 14c
St. Catharines, Ontario L2W 1A2

(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/

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