REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 499,900
Est. payment /mo
New
32 State ST Welland, ON L3B 4K3
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 768 - Welland Downtown
MLS Listing ID X12344737
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,057
Tax Year 2024
Property Sub-Type Detached
Lot Depth 66.0
Lot Front 54.0
Property Description
Great investment potential! This property is zoned RM- Residential Multiple and is also under the CIP program where the city of Welland will aid with reducing development charges. This property is a double lot close to everything- down the street from the new factory being built on Ontario Street, Steps from the canal where they host live music festivals and canal days (you can listen to the music on your balcony), walking distance to the main downtown area where you can take advantage of great stores and food/beverages, steps from NEW doctors office/pharmacy and much more! You could potentially sever the lot and build a smaller dwelling to the left of the house or you can add a garden suite. You can convert the current dwelling into 3 units as the house has 3 separate entrances- main entrance, rear entrance to basement and side entrance to upstairs. OR you can start over and demolish the current dwelling and build a 9-unit apartment at 500 sq ft units. The city of Welland is in favour and can help with some of the charges assuming you will build "affordable housing". CMHC may also lend if the buyer puts in high efficiency products. Many different ways of profiting from this property and providing a great opportunity for the community! Book your private showing today!
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Rooms
Family Room Yes
Basement Development Potential, Separate Entrance
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Carpet Free, In-Law Capability, Water Heater Owned
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Lot Frontage 54.0
Lot Depth 66.0
Total Parking Spaces 3
Building
Foundation Block
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE