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131 Third Street, Welland, ON, L3B 4W5

MLS® # 40635740
Investment For Sale In Cordage, Welland, Ontario
$2,200,000
131 Third Street, Welland, ON - Outdoor With Facade
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor With Facade
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Basement
131 Third Street, Welland, ON - Indoor Photo Showing Laundry Room
131 Third Street, Welland, ON - Indoor Photo Showing Laundry Room
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Dining Room
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
131 Third Street, Welland, ON - Indoor Photo Showing Bathroom
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen With Double Sink
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor
131 Third Street, Welland, ON - Indoor Photo Showing Bathroom
131 Third Street, Welland, ON - Indoor Photo Showing Bathroom
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen With Double Sink
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
131 Third Street, Welland, ON - Outdoor With Facade
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor With Facade
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Outdoor
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Basement
131 Third Street, Welland, ON - Indoor Photo Showing Laundry Room
131 Third Street, Welland, ON - Indoor Photo Showing Laundry Room
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Dining Room
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
131 Third Street, Welland, ON - Indoor Photo Showing Bathroom
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen With Double Sink
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor
131 Third Street, Welland, ON - Indoor Photo Showing Bathroom
131 Third Street, Welland, ON - Indoor Photo Showing Bathroom
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen With Double Sink
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Bedroom
131 Third Street, Welland, ON - Indoor Photo Showing Other Room
131 Third Street, Welland, ON - Indoor Photo Showing Kitchen
131 Third Street, Welland, ON - Indoor Photo Showing Living Room
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Home Insurance - TD Insurance
Get a home insurance quote online for this $2,200,000 property in Welland
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $2,200,000 property in Welland

Provided by TD Insurance
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ACTIVE
131 Third Street, Welland, ON, L3B 4W5
$2,200,000

Property Information:

Purpose-built solid brick 12-unit apartment complex on a 111 X 208 parcel zoned INSH. lot provides the potential for adding future development on the site. The building is solid with high quality terrazzo floors throughout hallways. lots of areas to substantially improve income . 8x 2 bed units, 3 x 1 bed units, 1 x 3 bed unit. Location will appeal to many tenants with access to ample parking, on-site laundry, public transit, hospital and a variety of amenities all within walking distance. Tremendous opportunity for the long term investor

Inclusions: Other

Building Features:

  • Floor Space: 10400 Square Feet

Property Features:

  • Bedrooms: 22
  • Acres Range:
  • Basement: Full, Finished
  • Built in: 1967
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Exterior Features: Balcony, Lighting
  • Floor Space (approx): 15400 Square Feet
  • Heating: Baseboard, Electric
  • Interior Features: Other
  • Laundry Features: Coin Operated
  • Lot Depth: 208 Feet
  • Lot Features: Dog Park, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools
  • Lot Frontage: 111.00 Feet
  • Parking Features: Detached Garage, Asphalt, Assigned
  • Roof: Other
  • Water Source: Municipal
  • Zoning: INSH
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 15

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 131 Third Street, Welland, ON, L3B 4W5

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, 131 Third 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

63/100

Moderate-High

ClimateCheck®

Current data

This property, 131 Third Street , experiences 11 significant 2-day storms per year, with about 326.4mm 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 404.6mm of precipitation per year.

Precipitation Per Storm

Past
326.4mm
2050
404.6mm

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 131 Third Street, Welland, ON, L3B 4W5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,700.60

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.65 %

High school certificate or equivalent

39.02 %

Apprenticeship trade certificate/diploma

7.56 %

College/non-university certificate

19.77 %

University Degree

7.99 %

Commuter

Travel To Work

By Car

81.71 %

By Public Transit

1.65 %

By Walking

3.1 %

By Bicycle

2.72 %

By Other Methods

10.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.46 %

Houses

68.54 %

Own Vs. Rent

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