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14 ASHER STREET, Welland, Ontario, L3B 4J1

MLS® # X12690258
Investment For Sale In Market Square, Welland, Ontario
$599,000
14 Asher Street, Welland, ON - Outdoor
14 Asher Street, Welland, ON - Outdoor
14 Asher Street, Welland, ON - Outdoor
14 Asher Street, Welland, ON - Outdoor With Exterior
14 Asher Street, Welland, ON - Outdoor
14 Asher Street, Welland, ON - Outdoor
14 Asher Street, Welland, ON - Outdoor
14 Asher Street, Welland, ON - Outdoor
14 Asher Street, Welland, ON - Outdoor
14 Asher Street, Welland, ON - Outdoor With Exterior
14 Asher Street, Welland, ON - Outdoor
14 Asher Street, Welland, ON - Outdoor
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14 ASHER STREET, Welland, Ontario, L3B 4J1
$599,000

Property Information:

Four-plex Apt building under power of sale with exceptional redevelopment potential situated on a Oversized lot for the area. The property has received City of Welland approval for a minor variance supporting a 30-unit mid-rise development, consisting of 30 residential units with surface parking in 2023. The existing building currently contains four self-contained units with separate metering available, all of which are vacant. Ideal for Renovator /Investor to renovate all the rental units and lease out at market rents or rebuild. The site is zoned RM - Medium Density Residential which allows develop as mentioned or on a smaller scale. Don't Miss this Opportunity ! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Aluminum siding
  • Floor Space: 0 - 699 sqft
  • Foundation Type: Concrete
  • Heating Type: Other
  • Cooling Type: None, Window air conditioner

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 0 - 699 Square Feet
  • Irregular: Yes
  • Lot Depth: 138 Feet
  • Lot Frontage: 70 Feet
  • Lot Size: 70 x 138 FT
  • Utility Type: Sewer - Installed, Cable - Available, Hydro - Available
  • Zoning: RM, RL2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Courtesy of: GIVALAS REAL ESTATE LTD.

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Sales/Price History

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Market Price Trends

Single family detached

-1.57%

Price change (1 year)

33.09%

Price change (5 years)

All Properties

-1.57%

Price change (1 year)

33.09%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 14 ASHER STREET, Welland, Ontario, L3B 4J1

Demographic Information of 14 ASHER STREET, Welland, Ontario, L3B 4J1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$67,680.48

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.68 %

High school certificate or equivalent

37.24 %

Apprenticeship trade certificate/diploma

7.88 %

College/non-university certificate

22.63 %

University Degree

7.56 %

Commuter

Travel To Work

By Car

80.4 %

By Public Transit

1.21 %

By Walking

5.81 %

By Bicycle

1.14 %

By Other Methods

11.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

54.37 %

Houses

45.63 %

Own Vs. Rent

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