Value
Photos
Map
$649,000
ESTIMATED
5
BEDROOMS
4
BATHROOMS
X6111332
MLSID

50 Niagara Street, Welland

Welcome to 50 Niagara Street (2 municipal addresses of 50 & 52). This unique property offers an excellent opportunity for potential to increase the overall income of the property or convert a portion or all of the building to a commercial use. This 5 unit multiplex with 2 units currently vacant is located just steps from the Welland Recreational Waterway and Downtown. Units consist of 2 - Bachelor Units, 2 - 1 Bedroom Units & 1 - 3 Bedroom Unit. Zoned DMC (Downtown Mixed Use Centre), with a Minor Variance approval to permit 100% residential on the main floor. City Incentives (Grants) Available and to be confirmed with the City. Property being Sold "As Is, Where Is". No Warranties Or Representations being made By Sellers/Agents. Sizes are approx.
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Sold History

SOLD
29 May 2016
$80,000

Summary

Address
50 Niagara Street
MLSID
X6111332
Property Type
Multiplex
Property Category
Bedrooms
5
Bathrooms
4
Kitchens
4
Zoning
DMC w/ Minor Variance for 100% Res.
Taxes (Annual)
$2,847.37
Tax Year
2022
Published
June 7, 2023
Days on Market
797 Days
Possession Details
Flexable
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Inclusions

Stove, Refrigerator

Details

Bathroom 1
5-Piece Main Level
Roof
[]
Construction Materials
[]
Lot Width
42 Feet
Lot Depth
61 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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