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29 Afton Avenue, Welland, ON, L3B 1V6

MLS® # 40544779
Investment For Sale In Cordage, Welland, Ontario
$1,400,000
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
29 Afton Avenue, Welland, ON
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Home Insurance - TD Insurance
Get a home insurance quote online for this $1,400,000 property in Welland
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $1,400,000 property in Welland

Provided by TD Insurance
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ACTIVE
29 Afton Avenue, Welland, ON, L3B 1V6
$1,400,000

Property Information:

Here is your opportunity to take over a newly constructed multi-plex that is fully leased with great tenants and potential to finish 2 more units! Built in 2021 by Mountainview, this building is a turn-key investment. All units are separately metered for gas and hydro with all Tenants paying for their own gas and hydro. Each unit is 2 bedrooms, 1 bathroom with in-suite laundry, own furnace, own central air conditioner, own hot water heater, a full kitchen with stainless steel fridge, stove & dishwasher and bright open living space measuring 805 sqft each. There is potential to complete the lower level two units that replicate the other 4 units, making this a 6-plex. The exterior walls in the basement are drywalled and water is all plumbed-in. There are a total of 6 off-street parking spots, one assigned for each unit. Security cameras installed on exterior of building. Start your retirement plan earning passive income from this great opportunity! The landlord currently has a 5% cap rate and potential for 8% once the lower two units are completed and leased. Landlord pays water/sewer and property tax. Security camera and secured main entrance installed on the exterior of the building. Floor plans are available.

Inclusions: Other,4 Stoves, 4 Fridges, 4 Dishwashers, 4 Washer/Dryers, 4 Furnaces, 4 Hot Water Heaters (Rentals), 4 A/C Units, Security Camera System For Exterior

Exclusions : Tenants Personal Belongings

Building Features:

  • Floor Space: 3220 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Walk-Up Access, Full, Unfinished
  • Built in: 2021
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Outside/Surface/Open
  • Exterior Features: Private Entrance, Separate Hydro Meters
  • Floor Space (approx): 3220 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Built-In Appliances, Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 130 Feet
  • Lot Features: Rectangular, Near Golf Course, Highway Access, Hospital, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 45.01 Feet
  • Parking Features: Mutual/Shared
  • Roof: Asphalt Shing, Flat
  • Water Source: Municipal
  • Zoning: Residential
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: CENTURY 21 TODAY REALTY LTD, BROKERAGE

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

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

Location of 29 Afton Avenue, Welland, ON, L3B 1V6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk:

39 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: Very High

39 hot days expected in 2050

62/100

ClimateCheck®

Current data

This property, 29 Afton Avenue , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 29 Afton Avenue , experiences 11 significant 2-day storms per year, with about 326.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.6mm of precipitation per year.

Precipitation Per Storm

Past
326.4mm
2050
404.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 29 Afton Avenue, Welland, ON, L3B 1V6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,497.77

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.01 %

High school certificate or equivalent

39.28 %

Apprenticeship trade certificate/diploma

9.41 %

College/non-university certificate

22.01 %

University Degree

5.29 %

Commuter

Travel To Work

By Car

88.7 %

By Public Transit

0.19 %

By Walking

0.99 %

By Bicycle

0.0 %

By Other Methods

10.12 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.35 %

Houses

88.65 %

Own Vs. Rent

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