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Kalpesh Patel (KK)

Broker
Homelife/Miracle Realty Ltd., Brokerage Independently owned and operated. 5010 Steeles Ave. west, Toronto, Nunavut M9V5C6 Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135

$649,900
Available - For Sale
Listing ID: X8480032
87 Ontario Rd , Welland, L3B 5C3, Ontario


**Attention Investors** Fully renovated legal triplex in the heart of Welland, perfectly positioned amidst ongoing residential and commercial development. This property offers an impressive potential rental income exceeding $50,000 annually. Each unit is equipped with separate meters for heat and hydro, ensuring hassle-free management and utility accountability for tenants. Strategically located, this triplex is in close proximity to essential amenities, making it highly attractive to prospective renters. The surrounding area is bustling with development, indicating promising growth and future value appreciation. Seize this incredible investment opportunity and secure a steady income stream with this well-situated, turnkey property.
Price $649,900
Taxes: $3882.24
Assessment: $114000
Assessment Year: 2024
Address: 87 Ontario Rd , Welland, L3B 5C3, Ontario
Lot Size: 36.00 x 92.40 (Feet)
Acreage: < .50
Directions/Cross Streets: Between Steel and King Streets
Rooms: 12
Bedrooms: 5
Bedrooms +:
Kitchens: 3
Family Room: N
Basement: Part Bsmt, Unfinished
Approximatly Age: 51-99
Property Type: Triplex
Style: 2-Storey
Exterior: Brick, Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 2
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Hospital, Library, Park, Public Transit, River/Stream, School
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Other
Central Air Conditioning: Wall Unit
Sewers: Sewers
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER ADVANTAGE REAL ESTATE
Personal Picture
Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Freehold - Triplex
Area: Niagara
Municipality: Welland
Neighbourhood:
Style: 2-Storey
Lot Size: 36.00 x 92.40(Feet)
Approximate Age: 51-99
Tax: $3,882.24
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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