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290 Division Street, Welland, ON, L3B 4A4

MLS® # 40635805
Investment For Sale In Market Square, Welland, Ontario
$549,000
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
290 Division Street, Welland, ON
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290 Division Street, Welland, ON, L3B 4A4
$549,000

Property Information:

AMAZING INVESTMENT OPPORTUNITY! This outstanding 2.5 storey, 2169 sqft LEGAL TRIPLEX in the heart of Welland is a unique opportunity as a residential rental of 3 units, purchase and live in one unit and rent out the other two, or take advantage of the DMC zoning (full list of permitted uses in supplements) and create a commercial use property offering business space ranging from a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term care, Multiple Units for just a partial list! This substantial property has TWO DRIVEWAYS (one on either side of the house) w/parking for up to 15 cars that lead to a large backyard with a TRIPLE CAR GARAGE. The building boats the 1920 original charm seen throughout from the stunning original hardwood flooring to 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and built-in kitchen table, seating and storage cubbies in the formal dining room of the main unit. This property contains THREE UNITS: A BACHELOR ON THE MAIN FLOOR + A MAIN FLOOR STUNNER WITH 2 BEDROOMS, LARGE 4 PC BATH, HUGE FOYER, FORMAL DINING ROOM PLUS SEPARATE KITCHEN AND SPRAWLING COVERED FRONT PORCH, + AN UPPER 2 BEDROOM UNIT WITH EXTRA CLOSET SPACE, A COVERED SUNPORCH OFF OF THE LIVING ROOM AND THE SECOND BEDROOM ON THE THIRD FLOOR OFFERING EXTRA PRIVACY. There are TWO SEPARATE HYDRO METERS (one for the main floor units and one for the upper unit). The basement is partially finished with a 4th bathroom and has been finished and used as another bedroom with a large EGRESS WINDOW. The panel is a 200 amp with separate 100 amp and copper wiring. This property awaits your creative finishing and is an excellent investment opportunity!

Inclusions: Other

Building Features:

  • Floor Space: 2169 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Built in: 1920
  • Construction Materials: Stucco, Vinyl Siding
  • Cooling: Wall Unit(s)
  • Driveway Parking: Private Drive Single Wide, Private Drive Triple+ Wide
  • Exterior Features: Private Entrance, Separate Hydro Meters
  • Fencing: Fence - Partial
  • Floor Space (approx): 2169 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Separate Hydro Meters
  • Laundry Features: Other
  • Lot Depth: 126.42 Feet
  • Lot Features: City Lot, Public Transit
  • Lot Frontage: 50.00 Feet
  • Other Structures: Workshop
  • Parking Features: Detached Garage, Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: dmc
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 15

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

Location of 290 Division Street, Welland, ON, L3B 4A4

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, 290 Division 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, 290 Division 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.

Demographic Information of 290 Division Street, Welland, ON, L3B 4A4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,184.07

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.54 %

High school certificate or equivalent

34.08 %

Apprenticeship trade certificate/diploma

7.45 %

College/non-university certificate

26.96 %

University Degree

6.97 %

Commuter

Travel To Work

By Car

86.25 %

By Public Transit

3.88 %

By Walking

5.1 %

By Bicycle

0.0 %

By Other Methods

4.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.42 %

Houses

66.58 %

Own Vs. Rent