299 Welland Avenue
St. Catharines, ON, L2R 2R1
GREAT INVESTMENT OPPORTUNITY! This very large 2.5 storey legal duplex is loaded with upside potential. Located in close proximity to shopping, public transit and highway access making it very appealing for any future tenants. Current layout comprises of a large 1 bedroom apartment that occupies the entire main floor and basement, and a four bedroom apartment which occupies the two upper levels. There is a rear patio/exterior staircase to access the second level unit. The interior features a staircase that has been walled off half way, providing the opportunity to convert this back to a single family residence, or student/rooming housing. A separate side entrance that can lead directly into the basement provides an opportunity for a potential third unit. This property underwent a complete renovation in 2009 with all the following major upgrades completed: roof shingles, soffits, fascia, eaves, vinyl windows, exterior doors, electrical service upgrade to 200 AMP with separate breaker panels, complete rewire of entire home, new plumbing and more. Current tenants have lived here for decades and are willing to stay. This is a great addition to any savvy investor who can extract the tremendous upside potential out of this property. Truly an opportunity not to be missed!
Property Specification
| MLS Number | 40578309 |
| Property Type | Residential |
| Building Area | 1,440 Square Feet |
| Architectural Style | 2.5 Storey |
| Full Bathrooms | 2 |
| Total Bedrooms | 6 |
| Basement | Full, Partially Finished |
| Above Grade Sqf | 1,440 Square Feet |
| Cooling | Wall Unit(s) |
| Heating | Radiant |
| Kitchen(s) | 2 |
| Parking Spaces | 1 |
| Sewage | Sewer (Municipal) |
| Room 1 - Main level | Living Room (6.10 x 3.48 m) |
| Room 2 - Main level | Eat-in Kitchen (3.38 x 3.58 m) |
| Room 3 - Main level | Bedroom (2.62 x 5.64 m) |
| Room 4 - Second level | Kitchen (3.23 x 3.58 m) |
| Room 5 - Second level | Bedroom (3.25 x 3.48 m) |
| Room 6 - Second level | Bedroom (2.77 x 3.58 m) |
| Room 7 - Second level | Bedroom (2.74 x 3.48 m) |
| Room 8 - Second level | Bathroom 4-Piece |
| Room 9 - Third level | Bedroom (3.35 x 3.58 m) |
| Room 10 - Third level | Bedroom (3.35 x 3.48 m) |
| Room 11 - Basement | Bathroom 3-Piece |
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Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Listing courtesy of: RE/MAX GARDEN CITY REALTY INC, BROKERAGE