For Sale

40 KINGSWAY, Welland, Ontario L3B3N8

$925,000

40 KINGSWAY, Welland, Ontario L3B3N8 is For Sale and has a listing price of 925,000. The property is located in the Ontario Road - Dain City neighbourhood. It's been on the website for 55 Days.

  • Multi-family
    Property Type
  • Triplex
    Building Type
  • 5
    Bedrooms
  • 3
    Bathrooms
  • Attached Garage
    Parking
  • 7
    Parking Spaces
  • MLS ID: 40626396
  • Office Name RORE REAL ESTATE
Property Description

LOCATION, LOCATION, LOCATION! Opportunity awaits you in this unique 3-unit property (two 2-bedroom units and a bachelor apartment above the garage) situated on 1.77 acres in the quiet neighbourhood of Dain City. Nature abounds here; you have the waterway (old portion of the Welland Canal), its beautiful views and amazing sunsets out the front of the property and a treed/wooded/private area in the back. Imagine having your own camping site at the back of your property and seeing all that nature has to offer with wildlife sitings (foxes, woodpeckers, blue jays, cardinals and more). Zoning is RL1 and provides you with numerous ways to use the property. You could easily convert the front and back units into one large unit, while still having a bachelor apartment above the garage for extra income. Zoning down the road is RL2 (medium density), and would require buyer to speak with the City of Welland to see if rezoning is possible. Front unit has a large living room with sliding doors leading to large deck and an amazing sunset/canal view! There are also 2 bedrooms, kitchen and 3-piece bath. Current tenant is willing to stay, or relocate, based on buyer’s needs. The back unit boasts a 10′ ceiling in the main kitchen/living/dining area with a wood-burning stove, siding glass door leading to a patio area and private back yard. This patio area will also hold a new extension to add more space to the main living area. Two bedrooms, laundry, office space, fully renovated bathroom with high quality finishes and a large walk-in shower await you on the lower level. Greenhouse and two sheds are also included. The bachelor apartment above the garage has a wonderful view to the canal/sunsets out front and a large private back deck out back. The Flatwater Centre is close by, Dragon Boat Festivals, regattas & rowing are regular events on the Canal, and the Trans Canada Trail is located just across the canal. Don’t miss out on this amazing property! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 5
  • MLS ID: 40626396
  • Bathrooms: 3
  • Price: $925,000
  • Transaction Types: For Sale
  • Ref ID: 27226717
  • Year Built: N/A
  • Building Type: Triplex
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
07/29/2024 40626396 $975,000 For Sale - -
05/21/2024 40590859 $925,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ontario Road - Dain City
  • $687,189 Average List Price
    based on 1 year
  • 57 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.2 % Up
  • Sold (12mo) 41
  • Rented (12mo) 66

  • 1 Month Change +6.8%
  • 3 Month Change +12.7%
  • 6 Month Change -10.0%
Walkscore
Property Type Distribution
  • All Houses
    93.47%
  • Commercial
    4.66%
  • Condo
    0.62%
  • Land for Sale
    1.14%
  • Parking
    0.1%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full (finished)
  • Heating System Baseboard Heaters, Stove
  • Water Municipal Water
  • Exterior Vinyl Siding, Stucco
  • Cooling System Wall Unit
  • Total Parking Spaces: 7
  • Fireplace False
  • Parking Attached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/07/2024 00:00:00
  • Zoning Rl2
  • Agent Name: TRISHA OPIE SASSI
  • Address Subdivision: 774 - Dain City
  • Last Updated: 02/09/2024 12:52:47
Open House Dates
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