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Ontario
Welland
196 ROSS STREET E

$699,900

Welland ON, L3B 2N3

MLS® # X12443259

Property Information:

Live mortgage-free in this renovated 4-plex! The main floor features a spacious 3-bedroom unit, self-contained 1-bedroom apartments generate steady rental income to help cover your mortgage. This end-unit investment property offers two units on the second floor, one on the ground level, and one in the basement. Each unit has its own living room, kitchen, and washroom, with separate meters for utilities. Freshly painted and updated, the property also includes a shared laundry and utility room in the basement. Three units are already tenanted, making this an excellent turnkey opportunity for investors or owner-occupiers (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Development: Finished
Basement Type: N/A, N/A
Exterior Finish: Brick, Vinyl siding
Floor Space: 700 - 1100 sqft
Foundation Type: Unknown
Heating Type: Other
Appliances: All

Property Features:

Property Type: Multi-family
Bedrooms: 5+1
Bathrooms: 4
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 134.0 Feet
Lot Frontage: 39.5 Feet
Lot Size: 39.5 x 134 FT
Zoning: G1, RM
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Courtesy of: SEARCH REALTY, CENTURY 21 PERCY FULTON LTD.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 196 ROSS STREET E, Welland, Ontario, L3B 2N3

Lifestyle
Neighbourhood

Demographic Information of 196 ROSS STREET E, Welland, Ontario, L3B 2N3

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,570.29

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.66 %

High school certificate or equivalent

35.3 %

Apprenticeship trade certificate/diploma

7.62 %

College/non-university certificate

30.03 %

University certificate (below bachelor)

0.08 %

University Degree

8.31 %

Commuter

Travel To Work

By Car

90.96 %

By Public Transit

0.01 %

By Walking

0.46 %

By Bicycle

0.0 %

By Other Methods

8.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.49 %

Houses

91.51 %

Own Vs. Rent