74 Macoomb Drive, Welland, ON L3C 5T9
Welland, ON, L3C 5T9 · 767 - N. Welland
About this property
Excellent investment opportunity in the City of Welland! This property comes with an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from Welland's latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units Secure steady income now while unlocking significant future development potential in one of Niagara's fastest-growing rental markets. " VIRTUALLY STAGED PICTURES"
Features & Amenities
- Basement: Finished, Separate Entrance
- Garage: Attached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Sidesplit 4
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Sidesplit 4 |
| Bedrooms | 9 |
| Bathrooms | 2 |
| Basement | Finished, Separate Entrance |
| Garage | Attached |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $5,500 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
Exterior Features
- Pool Features
- Inground
Building & Construction
- Architectural Style
- Sidesplit 4
- Construction Materials
- Brick
- Foundation Details
- Other
- Roof
- Other
- Basement
- Finished, Separate Entrance
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
- Cooling
- Yes
- Heating
- Yes
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 2.00
- Parking Features
- Lane
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 137.50
- Lot Width
- 55.00
Financial & Tax
- Tax Annual Amount
- $5,500
- Tax Year
- 2025
- Possession Type
- Other
- Possession Details
- FLEXIBLE
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 15
- Rooms Total
- 13
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 6
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Niagara
- Cross Street
- First Ave/ Woodlawn
- Directions
- First Ave/ Woodlawn
- Special Designation
- Unknown
- Showing Requirements
- List Brokerage
Location
74 Macoomb Drive, Welland, ON L3C 5T9, Welland, ON, L3C 5T9