264 Hellems Avenue, Welland, ON L3B 3B7

About this property

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.

Property facts & features

Property type

Land

MLS® number

X13809850

Source status

New

Bedrooms

Not provided

Bathrooms

2

Reported interior area

0.2

Neighbourhood

Not provided

Postal code

L3B 3B7

Lot depth (source units)

210.03

Annual property tax

4412

Basement

Not provided

Laundry

Not provided

Interior features

Not provided

Exterior features

Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

Plan your monthly ownership costs

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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