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$890,000

70 MILL STREET, Welland, Ontario, L3C 4Y2

MLS® # X12756508

Welland ON, L3C 4Y2

MLS® # X12756508

Property Information:

A Premier Multi-Residential Property On The Welland River. This Amazing Investment Property Is Located At The End Of A Peaceful Cul-De-Sac Street. Perfectly Positioned For Convenience, This Property Offers Easy Access To Public Transit And All The Attractions Of The Downtown Core. The Layout Features Five Distinct Units In The Primary Residence, Plus A Charming, Newly Updated One-Bedroom Suite Located Above The Double Garage. The Garage And All Units Are Currently Rented By Tenants. Significant Capital Improvements Include A New Furnace (2021), An Upgraded Electrical Panel (2022), And A Complete 2024 Renovation Of The Unit Above The Garage. The Property Passed A Fire Inspection In 2024. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Partially finished
  • Basement Type: N/A
  • Easement: Unknown, Easement
  • Exterior Finish: Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 6
  • Access Type:
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 300 Feet
  • Lot Frontage: 58.8 Feet
  • Lot Size: 58.8 x 300 FT
  • Surface Water:
  • View Type:
  • WaterFront Type: Waterfront on river
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 10

Courtesy of: TFN REALTY INC.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 70 MILL STREET, Welland, Ontario, L3C 4Y2

Demographic Information of 70 MILL STREET, Welland, Ontario, L3C 4Y2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$75,596.42

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.35 %

High school certificate or equivalent

39.7 %

Apprenticeship trade certificate/diploma

8.22 %

College/non-university certificate

21.75 %

University certificate (below bachelor)

0.27 %

University Degree

11.7 %

Commuter

Travel To Work

By Car

77.88 %

By Public Transit

3.46 %

By Walking

13.03 %

By Bicycle

0.0 %

By Other Methods

5.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.15 %

Houses

47.85 %

Own Vs. Rent