$899,900
5.57 BTC
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74 Macoomb Drive, Welland
$899,900
PRICE
6 + 3
BEDROOMS
2
BATHROOMS
X12406834
MLSID

74 Macoomb Drive, Welland

Excellent investment opportunity in the City of Welland! This property currently generates $5,700/month in rental income from an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from Welland's latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units Secure steady income now while unlocking significant future development potential in one of Niagara's fastest-growing rental markets.
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Sold History

SOLD
10 June 2022
$725,000
SOLD
29 December 2020
$502,000
SOLD
18 April 2019
$370,000

Summary

Address
74 Macoomb Drive
MLSID
X12406834
Property Type
Detached
Property Category
Bedrooms
6 + 3
Bathrooms
2
Rooms
13
Kitchens
1 + 1
Taxes (Annual)
$5,500.00
Tax Year
2025
Published
September 16, 2025
Days on Market
2 Days
Possession Type
Flexible
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Inclusions

2 Stove, 4 fridge, washer, 2 dryer.

Details

Bathroom 1
4-Piece Second Level
Bathroom 2
3-Piece Lower Level
Basement
Finished, Separate Entrance
Interior Features
Other
Parking Spaces
2
Parking Total
2
Parking Features
Lane
Architectural Style
Sidesplit 4
Roof
Other
Construction Materials
Brick
Lot Width
55 Feet
Lot Depth
138 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with HOMELIFE/DIAMONDS REALTY INC.
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