$1,194,900
( $79.10Per Sq Foot )
 $6,414 forsale estimated payment Sourced by Back At You

56 Hellems Avenue , Welland, ON L3B 3A9

Welland, ON L3B 3A9

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Description

ATTENTION INVESTORS! Unique Opportunity to buy a building where all of the heavy lifting has been done. The building is currently vacant and the demolition has been started and is ready for you to take this project to the next level! Current approval for 10 residential units on the second floor is in place. Potential for mixed use on the main level, proposed for an additional 6-8 residential units plus a commercial unit. Get started with redevelopment on the second floor while you plan out the main level and set your own rents! Plus a bonus of over 7,500 Sqft of unutilized space in the basement. Perfect project for CMHC Financing with great Cashflow potential, in the heart of Welland’s downtown core. This property has a prime corner location with high visibility frontage with public transportation, shopping, dining and entertainment all nearby.

Details

Mls40673137
Listing TypeFor Sale
SubtypeResale
StatusActive
Days On Site36
Listing Provided ByRE/MAX Escarpment Golfi Realty Inc. | Rob Golfi

Features

Sq Feet15,107
BasementY
Storys2
ZoningDMc
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 42 minutes ago
StateON
CountyNiagara
CityWelland
Zip CodeL3B 3A9
AreaWelland
Subarea768 Welland Downtown
Community Name768 Welland Downtown
Listing VS Median (in 768 Welland Downtown)
Price:
$1,194,900
low | high
Med:
$437,450
100% of Average
SqFt:
15,107
low | high
Med:
1,215
100% of Average
$ / SqFt:
$79
low | high
Med:
$362
100% of Average
On Site:
36
low | high
Med:
110.000000
32.727272727273% of Average
Sourced by Back At You
Listing Updated: November 15, 2024 at 9:50:55 PM PST