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Last Updated : 877 Days ago
35 Ontario Rd, Welland, Ontario,

35 Ontario Rd, Welland MLS Number: X7013746

Welland, Niagara, ON, L3B 5C1

$1,299,000

Status: OFF MARKET

  • Property Type: Commercial (Office)
  • Property Taxes : $8000.00 (Tax Year:2023)
  • Listing Courtesy : Re/max Niagara Realty Ltd.

35 Ontario Rd Property Description

Attention investors! 7.5% CAP RATE!! With this property's strategic location close to the upcoming huge residential project, this great property offers a mix of commercial and residential units, it presents an excellent chance to diversify your portfolio & capitalize on the thriving real estate market w/a huge potential to build up to 8 stories high and add up to 6 more residential units for a much handsome return on your investment. Conveniently located on the main floor are 2 commercial units, offering excellent visibility & accessibility to attract a diverse range of businesses. This prime positioning ensures a steady flow of potential tenants & promising future income. Ascending to the 2nd story, you'll find 4 residential units, each w/its own private entrance and separate Hydro meters, ensuring privacy and ease of access for tenants. There are three, two-bdrm units and one three-bdrm unit. Each has its own laundry facilities. Parking is never an issue w/parking for up to 20 cars.

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35 Ontario Rd Property Facts

Property Type :Commercial
MLS Number :X7013746
Listing Type :Sale
Possession Date :
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Last Updated :19 Sep, 2023 (877 Days ago)
Source :TRREB
Area :Niagara
Postal Code : L3B 5C1
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35 Ontario Rd Property Price & Tax Insights

Price : $1,299,000
Property Taxes :$8000.00
Tax Year :2023

35 Ontario Rd, Welland Property Details

Cross Street :Canal Bank St & Ontario Rd

35 Ontario Rd, Welland - Price History

2023-09

19 Sep, 2023

TREB #X7013746

Available

$1299000.0

35 Ontario Rd - Location Map and Landmarks

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