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Last Updated : 506 Days ago
56 Hellems Ave, Welland, Ontario,

56 Hellems Ave, Welland MLS Number: X10406615

Welland, Niagara, ON, L3B 3A9

$1,194,900

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $14720.04 (Tax Year:2024)
  • Listing Courtesy : Re/max Escarpment Golfi Realty Inc.

56 Hellems Ave Property Description

ATTENTION INVESTORS! Unique Opportunity to buy a building where all of the heavy lifting has been done. The building is currently vacant and the demolition has been started and is ready for you to take this project to the next level! Current approval for 10 residential units on the second floor is in place. Potential for mixed use on the main level, proposed for an additional 6-8 residential units plus a commercial unit. Get started with redevelopment on the second floor while you plan out the main level and set your own rents! Plus a bonus of over 7,500 Sqft of unutilized space in the basement. Perfect project for CMHC Financing with great Cashflow potential, in the heart of Wellands downtown core. This property has a prime corner location with high visibility frontage with public transportation, shopping, dining and entertainment all nearby.

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56 Hellems Ave Property Facts

Property Type :Commercial
MLS Number :X10406615
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :08 Nov, 2024 (506 Days ago)
Source :TRREB
Area :Niagara
Postal Code : L3B 3A9
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56 Hellems Ave Property Price & Tax Insights

Price : $1,194,900
Property Taxes :$14720.04
Tax Year :2024

56 Hellems Ave, Welland Property Details

Cross Street :Division Street

56 Hellems Ave, Welland - Price History

2024-11

04 Nov, 2024

TREB #X10406615

Available

$1194900.0

56 Hellems Ave - Location Map and Landmarks

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