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$699,900
Available - For Sale
Listing ID: X12767236
Welcome To An Exceptional Investment Opportunity In The Heart Of Welland! This Solid Fourplex With An Additional Dwelling Unit (ADU) Offers Incredible Value For Investors Seeking Strong Cash Flow And Long Term Upside. Featuring Four Self Contained Units Plus A Separate Garden Suite Converted From The Garage. Each Unit Is Equipped With Its Own Hydro Meter Along With A House Meter, Offering Convenience And Efficient Utility Management. Zoned Residential Medium Density (RM), This Property Allows For Flexibility And Future Potential In A Growing Market. Ideally Situated On Kennedy Street In A Mature And Central Neighbourhood, Tenants Will Enjoy Easy Access To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Just Minutes From Downtown Welland, The Welland Canal, Niagara College, And With Quick Access To Hwy 406, This Location Offers Seamless Connectivity To Niagara Falls, St Catharines, And Surrounding Areas. With Strong Rental Demand, A Desirable Unit Mix, And An Additional Dwelling Unit ADU , This Property Represents A Rare Opportunity To Secure A High Performing Asset In One Of Niagara's Emerging Investment Markets. A Smart And Strategic Addition To Any Real Estate Portfolio.
Price $699,900
Taxes: $5,837.8
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 22 Kennedy Street , Welland, L3B 3R6, Niagara
Postal Code: L3B 3R6
Province/State: Niagara
Legal Description: LTS 37 & 38, PL 596; PT LANEWAY, PL 596,
Directions/Cross Streets: East Main St & Niagara St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Category: Accommodation
Use: Other
Building Percentage: T
Total Area: 2,236
Total Area Code:  Square Feet
Area Influences: Public Transit  
Financial Statement: T
Chattels: T
Franchise: F
 Management Expense: 3925
Maintenance: 0
Net Income Before Debt: $49719
Expenses Actual/Estimated: $Est
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

22 Kennedy Street , Welland, L3B 3R6, Niagara

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style:
Lot Size: x 120.00(Feet)
Approximate Age:
Tax: $5,837.8
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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