$899,900
Available - For Sale
Listing ID: X12406834
74 Macoomb Driv , Welland, L3C 5T9, Niagara
| Excellent investment opportunity in the City of Welland! This property currently generates $5,700/month in rental income from an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from Welland's latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units Secure steady income now while unlocking significant future development potential in one of Niagara's fastest-growing rental markets. |
| Price | $899,900 |
| Taxes: | $5500.00 |
| Occupancy: | Owner |
| Address: | 74 Macoomb Driv , Welland, L3C 5T9, Niagara |
| Directions/Cross Streets: | First Ave/ Woodlawn |
| Rooms: | 15 |
| Bedrooms: | 6 |
| Bedrooms +: | 3 |
| Family Room: | T |
| Basement: | Finished, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 10.99 | 9.97 | |
| Room 2 | Main | Dining Ro | 10.33 | 10 | |
| Room 3 | Main | Living Ro | 18.01 | 11.41 | |
| Room 4 | Main | Bedroom | 20.4 | 14.99 | |
| Room 5 | Main | Bedroom 2 | 9.97 | 9.97 | |
| Room 6 | Main | Bedroom 3 | 17.97 | 10.99 | |
| Room 7 | Second | Primary B | 13.97 | 9.97 | |
| Room 8 | Second | Bedroom 2 | 9.97 | 8.99 | |
| Room 9 | Second | Bedroom 3 | 10.99 | 8.99 | |
| Room 10 | Sub-Basement | Bedroom | 9.97 | 9.97 | |
| Room 11 | Sub-Basement | Bedroom 2 | 9.97 | 9.97 | |
| Room 12 | Basement | Kitchen | 12.99 | 7.97 | |
| Room 13 | Basement | Bedroom | 10.5 | 8.82 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 3 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Detached |
| Style: | Sidesplit 4 |
| Exterior: | Brick |
| Garage Type: | Attached |
| (Parking/)Drive: | Lane |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Lane |
| Park #2 | |
| Parking Type: | Lane |
| Pool: | Inground |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOMELIFE/DIAMONDS REALTY INC. |
|
|
RAY NILI
Broker
Dir:
(416) 837 7576
Bus:
(905) 731 2000
Fax:
(905) 886 7557
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 767 - N. Welland |
| Style: | Sidesplit 4 |
| Approximate Age: | 51-99 |
| Tax: | $5,500 |
| Beds: | 6+3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | Inground |
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