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Home ON St. Catharines - Niagara Welland Market Square
50 NIAGARA Street
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$875,000
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50 NIAGARA Street
Welland, Ontario L3C1H9

MLS® Number: 40322971
5 + 0
Bedrooms
5
Bathrooms

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Description

Vendor Take Back Financing Available up to 75% *** Asking Price include 50 Niagara St and 52 Niagara St. Total lot size 41.90 Feet X 60.56 Feet. Current Zoning is DMC. Land Site Area 2497 Sq FT. Approx 3458 Fq Ft Detached Building Located in Downtown Welland Backs onto Welland Canal, walk to City Hall. Restaurant, Shops. About 5 Minutes Drive to Niagara College Welland Campus Over 9,000 Students. *** Ground Floor, ceiling height 12.6 Feet, 1291 sq ft + 438 Sq Ft at the back + 2nd Floor, ceiling height 8 feet, 1729 Sq Ft + unfinished basement, Ceiling Height 6.8 Feet, 1729 Sq Ft. *** 4 Separate Hydro Meters, currently used as 3 residential units and 1 commercial unit. Ground Floor: Unit#1, 1 bedroom unit, 1 X 3 Piece washroom, kitchen, $700 / month + Unit #2, being used as a commercial unit, 1 X 3 piece washroom, (Currently Vacant). Second Floor: Unit #3, 3 bedroom unit, 1 X 4 Piece washroom, kitchen, (Currently Vacant) + Unit #4, 1 bedroom, 1 X 4 Piece washroom, kitchen, $800 / month. Total Potential Gross Income $5,150 / month. ** 1729 Sq Ft open concept unfinished basement below 50 and 52 Niagara St with 6.8 Feet ceiling height. All Tenants are month to month, Landlord pays heat, hydro and water. Buyer to assume Tenants on closing. Buyer to assume the Furnace and Hot Water Heater rental on closing. *** Seller to install a New Fire Exit Stairwell at the Back of the Property Before Closing. *** Buyer And Buyer Agent To Do His Own Due Diligence. Property In As Is, Where Is. No Warranties Or Representations By Sellers / Agents. No Property Survey. Welland Is A Growing Town Over 52,000 People Population With Welland Canal, Niagara College Welland Campus with close to 10,000 Student Populations, Seaway Mall, Conservation Area, Merritt Island, 3 Golf Courses Etc. 20 Minutes To Niagara Falls, St. Catharines And Port Colborne. The Welland Canal is a major part of the St. Lawrence Seaway. (44742204)

Location Description

Between main St West and Mill Street, Main St West/ Niagara St

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
3458
Subdivision Name
771 - Broadway
Title
Freehold
Land Size
0.06 ac|under 1/2 acre
Built in
1870
Parking Type
None
Time on REALTOR.ca
141 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
5
Interior Features
Appliances Included
Refrigerator, Stove
Basement Type
Full (Unfinished)
Building Features
Foundation Type
None
Style
Detached
Architecture Style
2 Level
Square Footage
3458
Rental Equipment
Furnace
Heating & Cooling
Cooling
None
Heating Type
Forced air, Other
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Parking Type
None

Rooms

MetricImperial
Main level
Kitchen
Kitchen
Bedroom
Great room
3pc Bathroom
3pc Bathroom
3pc Bathroom
Office
Second level
Kitchen
Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
4pc Bathroom
4pc Bathroom
Basement
Utility room

Land

Lot Features
Frontage
42 ft
Land Depth
60 ft
Other Property Information
Zoning Description
DMC
Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr #1, main building, Mississauga, Ontario L5L0A2

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