Oakville Homes for sale - 32 State ST, Welland, ON L3B 4K3

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Michael Englund

RE/MAX Escarpment Realty

michaelenglund@me.com +1(905) 399-4269

$499,900

Est. payment - /mo

4 Beds

2 Baths

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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

Appx SqFt 1100-1500

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

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

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32 State ST Welland, ON L3B 4K3