290 DIVISION STREET, Welland, Ontario, L3B 4A4

MLS® # X12438455

Investment For Sale In Market Square, Welland, Ontario

$525,000

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290 Division Street, Welland, ON - Outdoor

290 Division Street, Welland, ON - Outdoor With Deck Patio Veranda With Exterior

290 Division Street, Welland, ON - Outdoor With Exterior

290 Division Street, Welland, ON - Indoor Photo Showing Other Room

290 Division Street, Welland, ON - Indoor With Fireplace

290 Division Street, Welland, ON - Indoor Photo Showing Kitchen

290 Division Street, Welland, ON - Indoor Photo Showing Kitchen With Double Sink

290 Division Street, Welland, ON - Indoor

290 Division Street, Welland, ON - Indoor Photo Showing Bathroom

290 Division Street, Welland, ON - Photo Showing Bathroom

290 Division Street, Welland, ON - Photo Showing Other Room

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290 DIVISION STREET, Welland, Ontario, L3B 4A4

$525,000

Property Information:

INCREDIBLE INVESTMENT OPPORTUNITY! This spacious 2.5 storey, 2169 sqft LEGAL TRIPLEX located in the heart of Welland is a rare find! Ideal as a residential rental with three unitslive in one and rent out the other twoor leverage the DMC zoning (full list of permitted uses in supplements) to create a commercial property, including options such as a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term Care, Multiple Units, and more! The property offers TWO DRIVEWAYS (one on each side) with space for up to 15 vehicles, leading to a TRIPLE CAR GARAGE. Built in 1920, this home retains its original charm with gorgeous hardwood flooring, 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and a built-in kitchen table with seating and storage cubbies in the main units formal dining room. The triplex includes: a MAIN FLOOR BACHELOR UNIT, a MAIN FLOOR 2-BEDROOM UNIT featuring a large 4 pc bath, expansive foyer, formal dining room, separate kitchen, and covered front porch, plus an UPPER 2-BEDROOM UNIT with extra closet space, a covered sunporch off the living room, and a private third-floor bedroom. Two separate hydro meters serve the units. The basement is partially finished with a 4th bathroom and has been utilized as an additional bedroom with a large egress window. Electrical is updated with a 200 amp panel, separate 100 amp service, and copper wiring. This property is ready for your finishing touches and represents a phenomenal investment opportunity! NOTE: Property is being sold in an "as is, where is" condition. Seller is related to the listing agent. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Amenities: Separate Hydro Meters
Basement Development: Partially finished
Basement Type: Partial
Exterior Finish: Brick, Stucco
Floor Space: 2000 - 2500 sqft
Flooring Type: Hardwood
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 5
Bathrooms: 4
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 126.3 Feet
Lot Frontage: 50.0 Feet
Lot Size: 50 x 126.4 FT
Zoning: DMC
Parking Type: Detached garage, Garage
No. of Parking Spaces: 15

Rooms:

Living 2nd Level 3.23 m x 4.04 m
Bedroom 2nd Level 4.04 m x 3.00 m
Kitchen 2nd Level 4.39 m x 3.56 m
Bedroom Main Level 4.11 m x 2.82 m
Living Main Level 5.64 m x 3.71 m
Dining Main Level 4.14 m x 3.43 m
Kitchen Main Level 3.56 m x 3.02 m
Primary Bedroom Main Level 6.86 m x 3.89 m
Bedroom Main Level 2.54 m x 1.83 m
Kitchen Main Level 2.54 m x 1.83 m
Bedroom 4.39 m x 2.29 m

Convert Measurement to:

Courtesy of: EXP REALTY

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Market Price Trends

All Properties

-1.57%

Price change (1 year)

33.09%

Price change (5 years)

Location of 290 DIVISION STREET, Welland, Ontario, L3B 4A4

Lifestyle
Neighbourhood

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: Moderate-High

39 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 290 DIVISION STREET , 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

2050

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 Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 290 DIVISION STREET , 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

2050

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 290 DIVISION STREET, Welland, Ontario, L3B 4A4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,184.07

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.54 %

High school certificate or equivalent

34.08 %

Apprenticeship trade certificate/diploma

7.45 %

College/non-university certificate

26.96 %

University Degree

6.97 %

Commuter

Travel To Work

By Car

86.25 %

By Public Transit

3.88 %

By Walking

5.1 %

By Bicycle

0.0 %

By Other Methods

4.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.42 %

Houses

66.58 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Rooms:

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Sales/Price History

Market Price Trends

All Properties

Location of 290 DIVISION STREET, Welland, Ontario, L3B 4A4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 290 DIVISION STREET, Welland, Ontario, L3B 4A4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

290 DIVISION STREET, Welland, Ontario, L3B 4A4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing