$695,000
4.37 BTC
Photos
Map
215 Broadway Avenue, Welland
$695,000
PRICE
11
BEDROOMS
8
BATHROOMS
X12390268
MLSID

215 Broadway Avenue, Welland

Large duplex with a front 6-bedroom apartment (currently fully rented by the bedroom to six good long term tenants) and a rear 5-bedroom apartment (currently owner occupied which could be vacated on closing or rented to the seller if the buyer wishes). This former church building offers a very spacious owner occupied rear unit with 5 bedrooms, kitchen, dining room, living room, laundry, pantry and 3 pc bathroom plus a large patio area and rear parking. The front of the building has a very large 6 bedroom unit, currently rented, with each bedroom having its own 2 pc washroom (5 rooms @ $700/month and 1 room @ $630/month on next increase). Tenants in the front unit share a kitchen, living room and 3 pc bathroom with shower. The rear owners unit could be rented for an additional $3,000 or more a month. Updates include roof shingles 2019, two high efficient furnaces 5-6 yrs old and central air. Electric hot water tank is owned, gas one is rented. 600 amp updated electric service. Some parking. Owner is willing to stay on and rent the rear unit and manage the 6 rooms that are currently rented or he can vacate on closing if the buyer wishes. Current rental income $46,240 (in the front unit only) with expenses of property taxes $2930, hydro $4870, gas $3760, rental water heater $540, water $2530. Buyer can live in the beautiful and spacious rear owners unit and let the tenants in the front unit pay the bills including the mortgage!
Read Full Description
View Property
Ask a Question

Summary

Address
215 Broadway Avenue
MLSID
X12390268
Property Type
Duplex
Property Category
Bedrooms
11
Bathrooms
8
Kitchens
2
Zoning
RL2, CC2
Taxes (Annual)
$3,119.00
Tax Year
2025
Published
September 8, 2025
Days on Market
7 Days
Possession Type
Flexible
Possession Details
Immediate With Tenants For Front Unit And Immediate Vacant For Rear Unit
View Property
Ask a Question

Details

Property Features
Public Transit, School Bus Route, Wooded/Treed, Park
Bathroom 1
2-Piece Ground Level
Bathroom 2
3-Piece Ground Level
Bathroom 3
4-Piece Ground Level
Basement
None
Exterior Features
Patio
Interior Features
Accessory Apartment, In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor, Storage, Water Heater, Wheelchair Access
Parking Spaces
2
Parking Total
2
Parking Features
Private Double
Architectural Style
Bungalow
Roof
Shingles
Construction Materials
Vinyl Siding
Lot Size
0
Lot Width
50 Feet
Lot Depth
130 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
View Property
Ask a Question

Similar Listings

Listing Contracted with WOW REALTY GROUP
View Property
Ask a Question
View Property
Ask a Question
Appointment Date & Time
Date
Time
Send
Cancel
Thank you for your Inquiry!
Your message has been received, one of our represetatives will be in touch with you shortly.
Close