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About the Listing 124300 -
Excellent investment opportunity in the City of Welland! This property comes with 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. " VIRTUALLY STAGED PICTURES"
Listing Highlights
Status
Active
Days on Site
27
Property Type
Residential
MLS ®
X13079358
Year Built
Total Square Footage
1,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 9
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Separate Entrance
- Other: 2 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Other
- Others:
- Sewer: Sewer
- Parking Features: Lane,Attached,Has Garage
Financial Details
- Tax Amount: $5,500
- Taxes w/Assessments: N/A
- Tax/Property ID: 640740468
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
74 Macoomb Dr Welland, ON L3C 5T9
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