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$ 550,000
$ 320,000 71.9%
37 First Street Welland, ON L3B 4R8
3 Beds
1 Bath
1,256 SqFt
UPDATED:
Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,256 sqft
Price per Sqft $437
MLS Listing ID 40701877
Sold Date 05/23/25
Style Two Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,256
Annual Tax Amount $1,632
Property Sub-Type Single Family Residence
Source Waterloo Region
Property Description
Located in the heart of Welland, this property boasts a prime location near schools, parks, the hospital, recreation facilities, a pharmacy, and the Welland Canal. This property offers 3 bedrooms, 1 bathroom, a full basement, and a detached garage/shed. The property is fully tenanted, generating a rental income of $1,460 + utilities per month.
Situated on a favorable INSH zoning, this property offers incredible flexibility. Whether you choose to continue operating it as a rental and generate steady rental income, or plan for a larger future development, the possibilities are endless. With its excellent location, strong rental income, and development potential, this is a rare investment opportunity you wont want to miss.
Schedule your viewing today and explore the potential of 37 First St.
Location
Province ON
County Niagara
Area Welland
Zoning INSH
Direction Lincoln St to King St. to First St.
Rooms
Basement Full, Unfinished
Kitchen 1
Interior
Interior Features None
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Appliance Dryer, Refrigerator, Stove, Washer
Laundry Lower Level, Shared
Exterior
Roof Type Asphalt Shing
Lot Frontage 50.13
Lot Depth 166.29
Garage No
Building
Lot Description Urban, Hospital, Park, Public Transit, Rec./Community Centre, Schools
Faces Lincoln St to King St. to First St.
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Two Story
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 641210051
Ownership Freehold/None