ON > Welland (n. Welland) > 767 - N. Welland
Welland (n. Welland), ON L3C5T9,74 MACOOMB DRIVE
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Welland (n. Welland), ON L3C5T9,74 MACOOMB DRIVE
Welland (n. Welland), ON L3C5T9,74 MACOOMB DRIVE
Welland (n. Welland), ON L3C5T9,74 MACOOMB DRIVE
Welland (n. Welland), ON L3C5T9,74 MACOOMB DRIVE
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Zoë Van Wyck

Zoë Van Wyck

+1(613) 851-9388
$ 899,900
Est. payment /mo
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74 MACOOMB DRIVE Welland (n. Welland), ON L3C5T9

9 Beds

2 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $599

Subdivision 767 - N. Welland

MLS® Listing ID X12406834

Bedrooms 9

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property Description

Excellent investment opportunity in the City of Welland! This property currently generates $5,700/month in rental income from an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from Welland's latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units Secure steady income now while unlocking significant future development potential in one of Niagara's fastest-growing rental markets. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 4.26 m X 3.04 m Primary Bedroom

Extra Room 2 Second level 3.04 m X 2.74 m Bedroom 2

Extra Room 3 Second level 3.35 m X 2.74 m Bedroom 3

Extra Room 4 Basement 3.96 m X 2.43 m Kitchen

Extra Room 5 Basement 3.2 m X 2.69 m Bedroom

Extra Room 6 Main level 3.35 m X 3.04 m Kitchen

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 2

Private Pool Yes

Building

Sewer Sanitary sewer

Others

Ownership Freehold

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Listed by HOMELIFE/DIAMONDS REALTY INC.
Zoë Van Wyck

Zoë Van Wyck

Broker

+1(613) 851-9388

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74 MACOOMB DRIVE