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290 Division Street Welland, Ontario L3B 4A4

5 Bedroom 4 Bathroom 2169 sqft
None Forced Air

$549,000

AMAZING INVESTMENT OPPORTUNITY! This outstanding 2.5 storey, 2169 sqft LEGAL TRIPLEX in the heart of Welland is a unique opportunity as a residential rental of 3 units, purchase and live in one unit and rent out the other two, or take advantage of the DMC zoning (full list of permitted uses in supplements) and create a commercial use property offering business space ranging from a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term care, Multiple Units for just a partial list! This substantial property has TWO DRIVEWAYS (one on either side of the house) w/parking for up to 15 cars that lead to a large backyard with a TRIPLE CAR GARAGE. The building boats the 1920 original charm seen throughout from the stunning original hardwood flooring to 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and built-in kitchen table, seating and storage cubbies in the formal dining room of the main unit. This property contains THREE UNITS: A BACHELOR ON THE MAIN FLOOR + A MAIN FLOOR STUNNER WITH 2 BEDROOMS, LARGE 4 PC BATH, HUGE FOYER, FORMAL DINING ROOM PLUS SEPARATE KITCHEN AND SPRAWLING COVERED FRONT PORCH, + AN UPPER 2 BEDROOM UNIT WITH EXTRA CLOSET SPACE, A COVERED SUNPORCH OFF OF THE LIVING ROOM AND THE SECOND BEDROOM ON THE THIRD FLOOR OFFERING EXTRA PRIVACY. There are TWO SEPARATE HYDRO METERS (one for the main floor units and one for the upper unit). The basement is partially finished with a 4th bathroom and has been finished and used as another bedroom with a large EGRESS WINDOW. The panel is a 200 amp with separate 100 amp and copper wiring. This property awaits your creative finishing and is an excellent investment opportunity! (id:38480)

Property Details

MLS® Number 40635648
Property Type Single Family
AmenitiesNearBy Public Transit
EquipmentType Water Heater
Features Paved Driveway, In-law Suite
ParkingSpaceTotal 15
RentalEquipmentType Water Heater
Structure Workshop

Building

BathroomTotal 4
BedroomsAboveGround 5
BedroomsTotal 5
Appliances Stove, Washer, Gas Stove(s)
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1920
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Brick, Stucco, Vinyl Siding
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2169 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeDepth 126 Ft
SizeFrontage 50 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Dmc

Rooms

Level Type Dimensions
Second Level 3pc Bathroom Measurements not available
Second Level Kitchen 9'3'' x 11'8''
Second Level Bedroom 13'3'' x 9'10''
Second Level Living Room 10'7'' x 13'3''
Third Level Bedroom 14'5'' x 7'6''
Basement 3pc Bathroom Measurements not available
Main Level 3pc Bathroom Measurements not available
Main Level Eat In Kitchen 8'4'' x 6'0''
Main Level Bedroom 8'4'' x 6'0''
Main Level Primary Bedroom 22'6'' x 12'9''
Main Level Kitchen 11'8'' x 9'11''
Main Level Dining Room 13'7'' x 11'3''
Main Level 4pc Bathroom Measurements not available
Main Level Living Room 18'6'' x 12'2''
Main Level Foyer Measurements not available
Main Level Bedroom 13'6'' x 9'3''

https://www.realtor.ca/real-estate/27376937/290-division-street-welland

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