87 Ontario Rd

Welland | | L3B 5C3
  • 5
  • 3
  • 0

$649,900

Est. Mtg $2,203 /mo
  • Days on market

    9

  • Status

    New

Listing Broker COLDWELL BANKER ADVANTAGE REAL ESTATE
Since listed: 1 views

Home details

MLS #:

X8480032

Property type:
Triplex
Style:
2-Storey
Taxes:
$3,882
Possession:
Immediate
Lot Front:
36.0   Feet
Lot Depth:
92.4   Feet
Basement:
Part Bsmt | Unfinished
Driveway Pkg:
2
Heat:
Electric | Other

Description


87 Ontario Rd, , Welland, Ontario is a Triplex property in Welland and in the community in the L3B 5C3 postal code


**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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-06 2024-06 $649,900 $649,900 New X8480032

Comparables

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sold Date Address List Price sold Price DOM
2024-04 178 Montgomery Rd, $899,900 $890,000 16
2024-04 84 Superior St, $679,900 $640,000 46
2024-03 198 Nelson St, $299,900 $500,000 7
2024-02 27 Berryman Ave, $569,500 $540,000 24
2023-11 4958 Maple Ave, $749,000 $710,000 30
2023-09 27 Grenville Ave, $1,000,000 $1,125,000 13
2023-09 55 Mckelvie Ave, $375,000 $370,000 17
2023-08 209 York St, $699,900 $667,500 54
2023-08 223 Dundas St E, $449,000 $440,000 19
2023-06 35 Dain Ave, $499,900 $470,000 36
2023-05 785 Nelson St, $550,000 $547,500 9
2023-04 111 Wellington St W, $389,000 $379,000 3
2023-04 70 Grandview St, $824,999 $775,999 158
2023-03 514 Claude St, $644,900 $590,000 7
2023-02 96-98 Cooper St, $750,000 $660,000 149

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 87 Ontario Rd

Based on available 3rd party data

$2662

Approximate costs per month

Mortgage
$2203 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$323 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Library
  • Park
  • Public Transit
  • River/Stream
  • School
Listing Broker COLDWELL BANKER ADVANTAGE REAL ESTATE
Data Source: TRREB

Payment calculator

$2527 monthly. In association with: TD Bank
%
  • Principal and Interest
    2203 /mo
  • Property Taxes
    $323 /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

Amadore Zhao, Realtor

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