$459,900

For saleJust listed

407 Welland Avenue, St. Catharines (Facer) - Multi-family for Sale

407 Welland Avenue, St. Catharines (Facer), Ontario, L2M5T9

4 beds3 baths4 parking1,750 ft²39 × 132 ft (5,105 sq ft) lot sizeListed 6 days ago

Overview

This multi-family property in St. Catharines is for sale offering roughly 1,750 sq ft of space. It has been on the market 6 days, fresher than the St. Catharines average of 79 days.

Multi-Family Properties for Sale in St. Catharines →All real estate in St. Catharines →

Description

Duplex in central location near highway access, public transit, shopping and more. 3 Bedroom unit has been rented for a 6 month lease at $1850 per month + hydro. 1 Bedroom unit is currently rented at $1200 per month plus hydro. Plenty of parking at rear of building for 3+ cars. Back unit offers laminate flooring, spacious kitchen with white cabinets, 3 good sized bedrooms on the 2nd floor and a 5 pc bath. Front unit offers a main floor kitchen with large pantry, living and dining room with laminate flooring and 1 bedroom in the basement. Separate laundry in the basement for both units, and additional storage space. Furnace updated in 2020, A/C in 2018, roof approx 10 years old. Photos are from before Tenant's moved in. (id:66096)

Property Details

MLS®: X14127456
Property Type: Multi-family
Zoning: R2
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 39 × 132 ft (5,105 sq ft)
Frontage: 39 ft
Storeys: 2
Basement: Partially finished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $3,109/yr
Listed

Rooms

Main level

Kitchen: 4.5 x 3.5 meters
Living room: 7.69 x 3.42 meters

Second level

Primary Bedroom: 5.51 x 3.79 meters
Bedroom: 4.4 x 2.78 meters
Bedroom: 4.64 x 2.77 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Poured Concrete
Exterior: Vinyl siding
Lot Features: Irregular lot size, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

St. Catharines (Facer) listings, avg age

79d

Price / ft²

$263

List price

$460K

Haho

This 4-bed multi-family in St. Catharines (Facer) has been listed for 6 days, which is 73 days fresher than the city average of 79. Act while there is still low competition.

Set a price alert Book a showing

Listed by Century 21 Heritage House LTD · Guy Gray

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2M)

This home lists at $459,900, about 6.4× the local median household income of $72,000.

Carrying it typically needs a household income of about $89,835 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.

Median household income: $72,000
Population: 33,704
Median age: 46
Owner / renter: 64% / 36%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L2M)

$459,900· $263/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $22,995

Min 5%50%

Mortgage payment$2,422/mo

↳ CMHC premium ($17,476 capitalized)

Property tax (est.)$259/mo

Total monthly$2,681

Cash Needed to Close

Down payment (5%)$22,995

Land transfer tax$5,673

Est. closing costs$3,880

Total cash needed$32,548

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator