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$569,000
Welland
97 Deere Street, Welland (Lincoln/Crowland), Ontario, L3B2L7
This multi-family property in Welland is for sale offering roughly 1,750 sq ft of space. It has been on the market 49 days, fresher than the Welland average of 71 days.
Excellent Duplex Investment Opportunity in Welland!Welcome to 97 Deere Street, a fantastic opportunity for investors, extended families, or buyers looking to live in one unit while generating rental income from the other. This well-maintained duplex features two completely separate apartments, each offering 2 bedrooms and 1 full bathroom with comfortable and functional living space.Both apartments have their own convenient ground-level entrance, providing excellent privacy and independence for each occupant. Each unit also has its own private washer and dryer, eliminating the need to share laundry facilities. With 4 dedicated parking spaces, parking is convenient for both units and their guests.The property is located in an established Welland neighbourhood, close to a wide variety of everyday amenities including schools, grocery stores, pharmacies, restaurants, parks and public transportation. Welland Hospital, Niagara College's Welland Campus, Seaway Mall and the Welland Recreational Canal are all just a short drive away.Enjoy convenient access to Highway 406 and major Niagara routes, making commuting to St. Catharines, Niagara Falls and surrounding communities easy.Whether you're an investor looking to add a solid duplex to your portfolio, an owner-occupant wanting rental income, or a family looking for separate living accommodations, 97 Deere Street offers an excellent combination of flexibility, privacy, parking and convenience. (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: 49 days on market, against an average age of 71 days across the listings currently for sale in this city
This 4-bed multi-family in Welland (Lincoln/Crowland) has been listed for 49 days, which is 22 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $569,000, about 8.6× the local median household income of $66,500.
Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 67% above 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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