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$339,900
Welland
305 Burgar Street, Welland (Welland Downtown), Ontario, L3B2T5
This multi-family property in Welland is for sale offering roughly 1,300 sq ft of space. It has been on the market 62 days, fresher than the Welland average of 89 days.
Detached, two-storey, solid brick, up/down duplex, in the heart of Welland! This property offers a versatile opportunity for investors, extended families, or buyers looking to offset their mortgage. Main floor is tenanted, upper unit will be vacant on closing - move in yourself, or rent it out at current market rent! The main-floor unit features 2-bedrooms, 1-bathroom, large eat-in kitchen, living room, and private laundry facilities in the basement. The upper unit offers 2-bedrooms, 1-bathroom, and kitchen complete with in-unit laundry. The unfinished, waterproofed basement is perfect for additional storage. Functional covered front porch, double-wide concrete driveway, and garden shed in the backyard. New combi-boiler (2022) - boiler system to all radiators through the house (clean heat), and serves as tankless hot water for each tap (energy efficient). Newer breaker panel - 200AMP service. Sump pump. Conveniently located close to shopping, grocery stores, schools, school-bus routes, public transit, and other everyday amenities - making this an attractive property for buyers and tenants alike. Amazing price, motivated seller! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 62 days on market, against an average age of 89 days across the listings currently for sale in this city
This 4-bed multi-family in Welland (Welland Downtown) has been listed for 62 days, which is 27 days fresher than the city average of 89. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $339,900, about 5.1× the local median household income of $66,500.
Carrying it typically needs a household income of about $66,394 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L3B)
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Loading rates, 30-yr amortization
Cash Needed to Close
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