28 Grove Street
768 - Welland Downtown / Welland, ON L3B 4B4
About This Property
High-Yield Potential in the Heart of WellandAttention investors and house-hackers! This solid-brick 2-storey home at 28 Grove St offers an opportunity to build equity in a growing market. Currently configured as a duplex, this property features a 1-bedroom, 1-bath unit on the main floor and a sprawling upper unit with a flexible layout capable of accommodating up to 4 bedrooms.The building is rich with original character-think solid wood trim, pocket doors, and classic fireplace mantels-providing the perfect canvas for a modern renovation. With two hydro meters already in place, one gas meter, and a mix of on-lot and street parking, the infrastructure for a high-performing rental is here. Property sold "AS IS," making it the perfect project for those looking to add significant value. Roof replaced 2023
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13541174
Listed by REAL BROKER ONTARIO LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,953
/month · $319,920 mortgage
Amortization
Total Interest
$265,909
Total Cost
$585,829
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REAL BROKER ONTARIO LTD.