368 Niagara Street, Welland (Prince Charles) - Business for Sale
368 Niagara Street, Welland (Prince Charles), Ontario, L3C1K9
This business in Welland is for sale. It has been on the market 35 days, fresher than the Welland average of 75 days.
Description
Turnkey Welland Duplex! This well-maintained legal duplex is ideally located in West Welland, within walking distance of Chippawa Park, Ross School, Notre Dame, canal trails, and a variety of local amenities.The main-floor unit is currently vacant and features 2 bedrooms, laundry, a full bathroom, and a full unfinished basement offering plenty of additional storage space. The upper unit is currently occupied by an excellent tenant and offers 2 bedrooms, a bathroom, a den, laundry, and a separate dining area.Situated on a large lot with 4 parking spaces, this property offers an excellent opportunity for investors, house hackers, or those seeking a multi-generational living arrangement. With a desirable location, functional layout, and income potential, this duplex is a great addition to any real estate portfolio. (id:66096)
Property Details
- MLS®
- X13849656
- Property Type
- Business
- Zoning
- RL1, RL2
- Bathrooms
- 2
- Parking
- 4
- Lot Size
- 6,186 sq ft (0.14 ac)
- Frontage
- 44 ft
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $3,784/yr
- Listed
- 35 days ago
Features
- Appliances
- Washer, Dryer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 35 days on market, against an average age of 75 days across the listings currently for sale in this city
This business in Welland (Prince Charles) has been listed for 35 days, which is 40 days fresher than the city average of 75. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3C)
This home lists at $489,900, about 6.2× the local median household income of $78,500.
Carrying it typically needs a household income of about $95,695 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.
- Median household income
- $78,500
- Population
- 33,462
- Median age
- 45.6
- Owner / renter
- 73% / 27%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA L3C)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$489,900
Welland