$ 925,000
40 KINGSWAY Welland, ON L3B3N8
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In-PersonVirtual Tour
$ 925,000
Est. payment /mo
Active
40 KINGSWAY Welland, ON L3B3N8
5 Beds
3 Baths
2,231 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,231 sqft
Price per Sqft $414
Subdivision 774 - Dain City
MLS® Listing ID 40626396
Bedrooms 5
Originating Board Niagara Association of REALTORS�
Property Description
LOCATION, LOCATION, LOCATION! Opportunity awaits you in this unique 3-unit property (two 2-bedroom units and a bachelor apartment above the garage) situated on 1.77 acres in the quiet neighbourhood of Dain City. Nature abounds here; you have the waterway (old portion of the Welland Canal), its beautiful views and amazing sunsets out the front of the property and a treed/wooded/private area in the back. Imagine having your own camping site at the back of your property and seeing all that nature has to offer with wildlife sitings (foxes, woodpeckers, blue jays, cardinals and more). Zoning is RL1 and provides you with numerous ways to use the property. You could easily convert the front and back units into one large unit, while still having a bachelor apartment above the garage for extra income. Zoning down the road is RL2 (medium density), and would require buyer to speak with the City of Welland to see if rezoning is possible. Front unit has a large living room with sliding doors leading to large deck and an amazing sunset/canal view! There are also 2 bedrooms, kitchen and 3-piece bath. Current tenant is willing to stay, or relocate, based on buyer's needs. The back unit boasts a 10' ceiling in the main kitchen/living/dining area with a wood-burning stove, siding glass door leading to a patio area and private back yard. This patio area will also hold a new extension to add more space to the main living area. Two bedrooms, laundry, office space, fully renovated bathroom with high quality finishes and a large walk-in shower await you on the lower level. Greenhouse and two sheds are also included. The bachelor apartment above the garage has a wonderful view to the canal/sunsets out front and a large private back deck out back. The Flatwater Centre is close by, Dragon Boat Festivals, regattas & rowing are regular events on the Canal, and the Trans Canada Trail is located just across the canal. Don't miss out on this amazing property! (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters, Stove
Cooling Wall unit
Exterior
Garage Yes
Community Features Quiet Area
Waterfront No
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RORE REAL ESTATE
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