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$549,900

Welland ON, L3C 4L8

MLS® # 40785504

Property Information:

Opportunity Knocks at 15 McCormick Street, Welland! Looking for your first home, an income property, or the perfect house hack? This legal duplex has it all. The main floor unit is vacant and freshly renovated with new flooring and two stunning bathrooms - ready for you to move in. The lower-level unit is already rented to an excellent tenant, so your mortgage payments get a head start from Day One. For investors, this property cash flows right out of the gate, with even more upside on the horizon. For first-time buyers, its a smart way to build equity while offsetting your costs. And for the savvy house hacker, living here means you can own your home while your tenant helps pay the bills. The cherry on top? A double detached garage with concept drawings for a future garden suite - unlocking even more potential. This isn't just another listing - its a property that pays you back while you grow into it.

Inclusions: None,2 Fridge, 2 Stove, Dishwasher, Washer & Dryer, Stacked Washer/Dryer

Exclusions : Tenant's Belongings.

Building Features:

  • Floor Space: 2070 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1945
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2070 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 46.78 Feet
  • Lot Features: Rectangular, Cul-De-Sac, Park, School Bus Route, Schools
  • Lot Frontage: 70.18 Feet
  • Parking Features: Detached Garage, Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RL2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX Escarpment Realty Inc.

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 15 Mccormick Street, Welland, ON, L3C 4L8

Demographic Information of 15 Mccormick Street, Welland, ON, L3C 4L8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,042.59

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.81 %

High school certificate or equivalent

34.11 %

Apprenticeship trade certificate/diploma

5.4 %

College/non-university certificate

26.79 %

University certificate (below bachelor)

1.21 %

University Degree

19.68 %

Commuter

Travel To Work

By Car

93.25 %

By Public Transit

0.02 %

By Walking

0.92 %

By Bicycle

0.0 %

By Other Methods

5.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.37 %

Houses

82.63 %

Own Vs. Rent