46 Commercial St

Welland | | L3B 2P4
  • 3 + 2
  • 4
  • 0

$749,000

Est. Mtg $2,539 /mo
  • Days on market

    67

  • Status

    New

Listing Broker RE/MAX ESCARPMENT REALTY INC.
Since listed: 1 views

Home details

MLS #:

X9354135

Property type:
Triplex
Style:
2-Storey
Taxes:
$3,022
Possession:
Flexible
Lot Front:
57.6   Feet
Lot Depth:
100.0   Feet
Basement:
Fin W/O | Full
Driveway Pkg:
4
Heat:
Gas | Forced Air

Description


46 Commercial St, , Welland, Ontario is a Triplex property in Welland and in the community in the L3B 2P4 postal code


Attn Investors and House Hackers! This recently renovated, fully legal triplex offers three stunning, self-contained units on a spacious lot. Each unit features its own in-suite laundry and ample parking. Additionally, the property includes a large detached 2-car garage with potential for an accessory dwelling unit (ADU). The comprehensive renovation includes a new roof (2020), hot water heater (2020), and waterproofing (2008), ensuring peace of mind for years to come. Conveniently located near various local amenities and major highways, this property provides easy access to all of Niagara. Its also just 500 meters from Linamars upcoming giga casting factory, expected to create 200 jobs by early 2025. Nestled in the heart of Welland, this exceptional property is perfect for the savvy investor seeking a turn-key solution. Its also an ideal choice for those looking to offset mortgage payments through house-hacking or for multi-generational living. Dont miss out on this amazing opportunity!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2021-03 2021-03 $469,900 $465,000 Sld X5162531
2023-07 2023-09 $799,900 $799,900 Ter X6674822
2023-09 2023-10 $799,900 $799,900 Ter X7036262
2023-10 2024-02 $789,900 $789,900 Exp X7257786
2024-06 2024-09 $749,000 $749,000 Ter X8480188
2024-09 2024-09 $749,000 $749,000 New X9354135

Comparables

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sold Date Address List Price sold Price DOM
2024-06 301 Wallace Ave S, $624,900 $595,000 25
2024-03 43 Duncan St, $420,000 $360,000 24
2023-04 439 Dorinda St, $449,999 $407,500 19
2022-09 95 Cayuga St, $659,900 $645,000 70
2022-09 81 St George St, $1,190,000 $1,100,000 35
2021-12 102 Cedar St, $699,900 $750,000 12
2021-11 16412 Highway 2 Rd, $580,000 $550,000 52
2021-08 525-527 Niagara Blvd, $1,099,000 $950,000 40

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Welland :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 46 Commercial St

Based on available 3rd party data

$2926

Approximate costs per month

Mortgage
$2539 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$251 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Place Of Worship
  • Public Transit
  • School
  • School Bus Route
Listing Broker RE/MAX ESCARPMENT REALTY INC.
Data Source: TRREB

Payment calculator

$2791 monthly. In association with: TD Bank
%
  • Principal and Interest
    2539 /mo
  • Property Taxes
    $251 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Hamid Shahsavar, Realtor

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