Key insights
This home is
13%
Time on Houseful
6 hours
School rated
5.8/10
Welland
0.01%
Highlights
Description
- Time on Housefulnew 6 hours
- Property typeSingle family
- Neighbourhood
- Median school Score
- Mortgage payment
Excellent investment opportunity in the City of Welland! This property currently generates $5,700/month in rental income from an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from Welland's latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units Secure steady income now while unlocking significant future development potential in one of Niagara's fastest-growing rental markets. (id:63267)
Home overview
Amenities / Utilities
- Cooling Central air conditioning
- Heat source Natural gas
- Heat type Forced air
- Has pool (y/n) Yes
- Sewer/ septic Sanitary sewer
Exterior
- # parking spaces 2
- Has garage (y/n) Yes
Interior
- # full baths 2
- # total bathrooms 2.0
- # of above grade bedrooms 9
Location
- Subdivision 767 - n. welland
Overview
- Lot size (acres) 0.0
- Listing # X12406834
- Property sub type Single family residence
- Status Active
Rooms Information
metric
- 3rd bedroom 3.35m X 2.74m
Level: 2nd - Primary bedroom 4.26m X 3.04m
Level: 2nd - 2nd bedroom 3.04m X 2.74m
Level: 2nd - Bedroom 3.2m X 2.69m
Level: Basement - Kitchen 3.96m X 2.43m
Level: Basement - 2nd bedroom 3.04m X 3.04m
Level: Main - Bedroom 6.22m X 4.57m
Level: Main - Dining room 3.15m X 3.05m
Level: Main - Living room 5.49m X 3.48m
Level: Main - Kitchen 3.35m X 3.04m
Level: Main - 3rd bedroom 5.48m X 3.35m
Level: Main - Bedroom 3.04m X 3.04m
Level: Sub Basement - 2nd bedroom 3.04m X 3.04m
Level: Sub Basement
SOA_HOUSEKEEPING_ATTRS
- Listing source url Https://www.realtor.ca/real-estate/28869792/74-macoomb-drive-welland-n-welland-767-n-welland
- Listing type identifier Idx
The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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