314 Broadway Street, Welland, Ontario L3C 5L9

Listed for:
$449,900
3 beds
2 baths
Listed 114 days ago
Duplex for rent: 314 Broadway Street, Welland, Ontario L3C 5L9

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About

Cross Streets: PRINCE CHARLES DRIVE. ** Directions: PRINCE CHARLES DRIVE TO BROADWAY AVE. Two Opportunities Here! Home Ownership May Have Just Got More Affordable.. OPTION ONE. Live in one, rent the other. Not just for investors, this is an ideal first home or house-hack opportunity. Live on the main floor and let the lower unit's rent help pay your mortgage. As an owner-occupant, you may also qualify for a lower down payment than a pure investment purchase. When you're ready to move on, keep it as a fully rented income property.Steps from local amenities, the dog park and the Welland Recreational Canal trail system, it's a prime, high-demand rental location that tenants and owners will love. OPTION TWOTurn-Key Duplex in the Heart of Welland! This extensively renovated duplex at 314 Broadway Avenue is a completely hands-off, high-yield addition to any portfolio. It offers a strong 5.8% cap rate and needs zero capital expenditure, so you can simply start collecting.The main floor unit has a bright, spacious 2-bedroom layout with a potential 3rd bedroom. The lower level is a fully finished 1-bedroom unit. Both units have been modernized from top to bottom, with contemporary finishes, updated kitchens and pristine baths. (id:27476)

Property Highlights

MLS® Number
X13514942
Type
Multi-family
Community Name
772 - Broadway
Land Size
36.4 x 100.3 FT
Parking Space Total
2

Building

Building Type
Duplex
Storeys
1.00
Square Footage
700 - 1100 sqft
Bathrooms Total
2
Bedrooms Above Ground
2
Bedrooms Total
3
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A, Full, N/A (Finished)
Basement Features
Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
REAL BROKER ONTARIO LTD.
MLS® number:
X13514942
Agent:
Stephen Canjar
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