93 State Street
768 - Welland Downtown / Welland, ON L3B 4K6
About This Property
Excellent opportunity for investors, renovators, and developers in Downtown Welland. This detached two-storey brick home sits on a prominent corner lot and offers five bedrooms, two bathrooms, two kitchens, a finished basement, and a detached garage with access from Kent Street. Previously rented for $2,200 per month for the main portion and $1,050 per month for the basement, providing a combined rental income of $3,250 per month. The basement offers potential for an in-law suite or accessory unit, subject to municipal approvals. Vacant with immediate possession and within walking distance of downtown, schools, shopping, the farmers market, transit, and the Welland Canal. Motivated seller, offers welcome anytime!
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13536096
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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
$1,587
/month · $259,992 mortgage
Amortization
Total Interest
$216,099
Total Cost
$476,091
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX NIAGARA REALTY LTD, BROKERAGE