314 BROADWAY STREET
Welland (Broadway), Ontario
MLS® X13514942
$474,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13514942
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- —
1 / 7Listing description
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!
Property summary
- MLS® number
- X13514942
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 36.4 x 100.3 FT
- Annual property taxes
- $2,776.00
- Parking
- 2 spaces · No Garage
- Days on market
- 77 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full, Separate entrance, N/A, N/A
- Exterior features
- Vinyl siding
- Architectural style
- Bungalow
What would this home cost you?
Based on the $474,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REAL BROKER ONTARIO LTD., BURLINGTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.