Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

366 Crowland Avenue, Welland, ON L3B 1X7 (Lincoln & Crowland)
$ 899900 - MLS : X12471265

From Our Gallery

Description

All-brick 2-storey multi-residential building in the heart of Welland! This solid investment property features four fully finished 2-bedroom, 1-bathroom units, plus a full basement with two additional units that are approximately 75% complete. With proper city approvals and permits, the building can be completed as a legal 6-unit property, offering excellent value-add potential. Major updates have already been taken care of, including a brand-new tankless boiler system, upgraded main electrical wiring, and a full sprinkler system with alarm. A recent fire inspection and approved fire plan ensure compliance with current safety standards and reduce future risk. A detached double garage provides the option for additional income or secure storage. Located near schools, shopping, and public transit, this is the perfect opportunity for investors seeking both strong rental income and future growth potential in a desirable area of Welland.

Location Description

Lincoln & Crowland

Property Detail

Community: 773 - Lincoln/Crowland
Property Type: Tenant/Residential Freehold
Bedrooms: 8
Bath: 4
Garages: Detached
Annual Property Taxes : $ 4700

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Poured Concrete
Counstruction Material : Brick
Total Parking Space : 6
Parking Type : Detached

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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