House for Sale in Welland
74 Macoomb Drive, Welland, ON
- 6+3 BEDS
- 2 BATHS
- 1,800 sq.ft. Home
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- House for Sale in Welland
Key Facts
- MLS® #: 40770101
- Property ID: SIRC2847913
- Property Type: Residential, Single Family Detached
- Living Space: 1,800 sq.ft.
- Bedrooms: 6+3
- Bathrooms: 2
- Parking Spaces: 3
- Listed By:
- HOMELIFE DIAMONDS REALTY INC
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- KitchenMain9' 8.9" x 10' 9.1"Other
- Dining roomMain10' 7.8" x 10' 4"Other
- Living roomMain11' 5" x 18' 1.4"Other
- BedroomMain15' 5" x 20' 4.8"Other
- BedroomMain9' 8.9" x 9' 8.9"Other
- Primary bedroom2nd floor9' 8.9" x 13' 8.9"Other
- BedroomMain9' 8.9" x 9' 8.9"Other
- Bedroom2nd floor8' 9.1" x 10' 9.1"Other
- Bedroom2nd floor8' 9.1" x 9' 8.9"Other
- BedroomLower9' 8.9" x 9' 8.9"Other
- BedroomLower9' 8.9" x 9' 8.9"Other
- KitchenBasement7' 8.9" x 12' 9.1"Other
- BedroomBasement10' 7.8" x 10' 7.8"Other
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Location
74 Macoomb Drive, Welland, Ontario, L3C 5T9 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0