314 Broadway Street Welland, Ontario L3C 5L9

3 Bedroom 2 Bathroom 700 - 1,100 ft2
Bungalow Central Air Conditioning Forced Air

$494,900

Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure-simply start collecting.The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system.Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don't miss this rare, stress-free income generator! (id:61910)

Property Details

MLS® Number X13514942
Property Type Multi-family
Community Name 772 - Broadway
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 1
Bedrooms Total 3
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a, Full, N/a (finished)
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft ,3 In
Size Frontage 36 Ft ,4 In
Size Irregular 36.4 X 100.3 Ft
Size Total Text 36.4 X 100.3 Ft
Zoning Description Rl2

https://www.realtor.ca/real-estate/29980728/314-broadway-street-welland-broadway-772-broadway

Contact Us

Contact us for more information

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Stephen Canjar
Broker

(289) 820-9309

Real Broker Ontario Ltd.
4145 North Service Rd #e
Burlington, Ontario L7L 6A3

(888) 311-1172
joinreal.com/

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