Active

115-117 Division St

Welland Ontario, L3B 3Z8

$2,299,786


Active

7 Beds

4 Baths

Residential

Attention: Investors and Developers! Located in the Heart of Downtown Welland.This Prime Multi Use Property is Perfect for Investment or Redevelopment. Fantastic Monthly Income with Plenty of Future Potential. This Stand Alone Building has approx 11,160sf Comprising of Residential, Retail and Commercial Units! Including a Thriving Restaurant, 3 Residential Rental Apartments and 3 Commercial Units. Parking for Multiple Cars! All Units are Separately Metered! Building has been Recently Extensively Renovated and updated to Include: New Electrical, New Furnace, New A/C(Restaurant), New Sprinklers In Basement, Rental Apartments Fully Renovated, New Paint, Front Flat Roof 2020, Peaked Roof 2016, Back Flat Roof 2015.Possible Future Potential For FULL Redevelopment or Additional Stories. Subject to Municipal Approvals. Seller May be Willing to Offer a VTB. Exposure to Thousands Of Cars Daily and Backing onto the Farmers Market! Seize Your Chance to own a Piece of Downtown Before It's Too Late!

X8146408

MLS ID

April 9, 2024

Updated

Map

115-117 Division St
Welland Ontario, L3B 3Z8

Interior Features

Bedrooms

7


Total Bathrooms

4


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Forced Air, Gas

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

Library, Park, Place Of Worship, Public Transit, School, School Bus Route


Sewer

Sewers

Other Property Details

Taxes

$8,200


Tax Frequency

Annually


Garage

No


Parking

None


Parking Total

11


View

No


County

Ontario


Municipality

Welland


Water Source

Municipal


Pool

No


Pool Features

None

 

Courtesy of Listed by , RE/MAX REALTRON REALTY INC.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 5:11 PM UTC, 4/9/2024

 

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