Description

Welcome to 34 Avenue Place in Welland. This building has both a commercial main floor with many possibilities and a 2 bedroom apartment above with unfinished loft . Located across from the Welland Farmers Market. This building has plenty of room for your business needs. Close to downtown. Plans are available to a bona fide buyer for the conversion from the existing layout to a 7 unit multiplex, 7 -1 bedroom units drawn by an architect ready for permits. (id:66096)

Property Details

MLS®: X12968478
Property Type: Retail
Zoning: DMC
Interior Size: 3,414 ft²
Frontage: 42 ft
Building Area: 3,414 ft²
Heating: Forced air, Natural gas
Cooling: None
Property Tax: $6,476.35/yr
Listed: 210 days ago

Market Timing

Days on market

210d

Welland (Welland Downtown) listings, avg age

89d

Price / ft²

$175

List price

$599K

Haho

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Area context

Neighbourhood profile (L3B)

This home lists at $599,000, about 9.0× the local median household income of $66,500.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.

Median household income: $66,500
Population: 25,869
Median age: 43.2
Owner / renter: 66% / 35%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3B)

$599,000· $175/ft²

For sale

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Financing

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34 Avenue Place, Welland (Welland Downtown) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3B)

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