$ 399,900
-
$399,900
Price -
3
Bed -
2
Bath -
700
SqFt
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About the Listing 013400 -
A fully renovated bungalow, R2-zoned, suited for owner-occupiers seeking rental offset or investors seeking a good ROI. ***With a separate entrance to the basement, and existing kitchen and bathroom rough-ins, the lower level can be converted at low cost into a self-contained 2-bedroom, 1-bath suite with its own bathroom and laundry. The main floor and basement, when rented separately, could possibly achieve a combined ROI potentially exceeding 8-10% resulting in an outstanding cash flow performance.***The driveway, with minor repositioning, can accommodate 4 vehicles; the backyard is fully fenced, offering generous space for outdoor activities.***Major 2025-2026 renovations: front and side doors, main-floor windows, eavestroughs and downspouts, exterior and main-floor paint, kitchen cabinets and flooring, stainless steel (interior) dishwasher and range hood, new bathroom, waterproofed basement walls with new laundry area flooring, and a new heat pump A/C. Low overall maintenance costs.***The property is conveniently located near shopping, dining, schools, a hospital, with easy access to the QEW and along public bus routes. This prime location benefits from strong rental demand and proximity to essential amenities, making it a solid long-term investment property.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Separate Entrance,Partially Finished
- Other: Primary Bedroom - Main Floor,Storage,Water Heater Owned
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others: Porch,Fenced Yard,Park,Public Transit,Place Of Worship,School
- Sewer: Sewer
- Parking Features: Private,Tandem,No Garage
Financial Details
- Tax Amount: $2,716
- Taxes w/Assessments: N/A
- Tax/Property ID: 462770162
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
422 Welland Ave St. Catharines, ON L2M 5T8
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