35 Ontario Rd, Welland, L3B 5C1

Listing Overview

Description

Attention investors! 7.5% CAP RATE!! With this property's strategic location close to the upcoming huge residential project, this great property offers a mix of commercial and residential units, it presents an excellent chance to diversify your portfolio & capitalize on the thriving real estate market w/a huge potential to build up to 8 stories high and add up to 6 more residential units for a much handsome return on your investment. Conveniently located on the main floor are 2 commercial units, offering excellent visibility & accessibility to attract a diverse range of businesses. This prime positioning ensures a steady flow of potential tenants & promising future income. Ascending to the 2nd story, you'll find 4 residential units, each w/its own private entrance and separate Hydro meters, ensuring privacy and ease of access for tenants. There are three, two-bdrm units and one three-bdrm unit. Each has its own laundry facilities. Parking is never an issue w/parking for up to 20 cars.

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On Market

Office

Property Type

$8,000 / Year

Est. Taxes

Office

Style

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Business Type

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Franchise