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28 WEST MAIN STREET, Welland (Broadway), Ontario, L3C 4Z6

MLS® # X12105058
Investment For Sale In West Main, Welland (Broadway), Ontario
$1,599,000
28 West Main Street, Welland (Broadway), ON - Outdoor
28 West Main Street, Welland (Broadway), ON - Outdoor
28 West Main Street, Welland (Broadway), ON - Outdoor
28 West Main Street, Welland (Broadway), ON - Outdoor With Body Of Water With View
28 West Main Street, Welland (Broadway), ON - Outdoor With Body Of Water With View
28 West Main Street, Welland (Broadway), ON - Outdoor With Body Of Water With View
28 WEST MAIN STREET, Welland (Broadway), Ontario, L3C 4Z6
$1,599,000

Property Information:

Welcome to Your Next Great Investment Opportunity! Located in the heart of Welland, proudly known as the "Rose City," this historic area offers a unique blend of industrial charm and natural beauty. The iconic Welland Canal, once a vital shipping route, now serves as a scenic backdrop for recreational activities and waterfront living. This vacant, triple-brick building offers an incredible opportunity to create a stunning 14-unit loft-style apartment complex overlooking the historic Bridge 13 and the Welland Canal. Spanning nearly 10,000 sq ft across three expansive floors, the building boasts soaring 13-foot ceilings and floor-to-ceiling windows, flooding the space with natural light and offering unobstructed canal views. Savvy investors will appreciate that major milestones have already been completed: -Site Plan Approval for 14 residential units is in place. -Phase 1 Environmental Site Assessment (ESA) and Building Condition Assessment(BCA) completed. -Permit-ready architectural drawings included. -As is & As complete Appraisal available. This project is primed and ready for a visionary investor to bring it to life and create a true landmark property. Don't miss out on this rare and exciting opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 10000 sqft
  • Heating Type: Other
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Features: Irregular lot size
  • Floor Space (approx): 10000 Square Feet
  • Irregular: Yes
  • Lot Depth: 92.8 Feet
  • Lot Frontage: 49.6 Feet
  • Lot Size: 49.66 x 92.86 FT ; SEE REALTOR NOTES FOR MEASUREMENTS
  • Zoning: DMC

Courtesy of: RE/MAX ESCARPMENT REALTY INC., BROKERAGE, RE/MAX NIAGARA REALTY LTD, BROKERAGE

REALTOR.ca  

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Market Price Trends

Single family detached

0.75%

Price change (1 year)

58.23%

Price change (5 years)

All Properties

0.75%

Price change (1 year)

58.23%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 28 WEST MAIN STREET, Welland (Broadway), Ontario, L3C 4Z6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 28 WEST MAIN STREET , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 28 WEST MAIN STREET , experiences 11 significant 2-day storms per year, with about 326.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.5mm of precipitation per year.

Precipitation Per Storm

Past
326.3mm
2050
404.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 28 WEST MAIN STREET, Welland (Broadway), Ontario, L3C 4Z6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$75,596.42

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.35 %

High school certificate or equivalent

39.7 %

Apprenticeship trade certificate/diploma

8.22 %

College/non-university certificate

21.75 %

University certificate (below bachelor)

0.27 %

University Degree

11.7 %

Commuter

Travel To Work

By Car

77.88 %

By Public Transit

3.46 %

By Walking

13.03 %

By Bicycle

0.0 %

By Other Methods

5.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.15 %

Houses

47.85 %

Own Vs. Rent

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