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40 Kingsway, Welland, ON, L3B 3N8

MLS® # 40626396
Investment For Sale In Ontario Road / Dain City, Welland, Ontario
$925,000
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
40 Kingsway, Welland, ON
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40 Kingsway, Welland, ON, L3B 3N8
$925,000

Property Information:

LOCATION, LOCATION, LOCATION! Opportunity awaits you in this unique 3-unit property (two 2-bedroom units and a bachelor apartment above the garage) situated on 1.77 acres in the quiet neighbourhood of Dain City. Nature abounds here; you have the waterway (old portion of the Welland Canal), its beautiful views and amazing sunsets out the front of the property and a treed/wooded/private area in the back. Imagine having your own camping site at the back of your property and seeing all that nature has to offer with wildlife sitings (foxes, woodpeckers, blue jays, cardinals and more).Zoning is RL1 and provides you with numerous ways to use the property. You could easily convert the front and back units into one large unit, while still having a bachelor apartment above the garage for extra income. Zoning down the road is RL2 (medium density), and would require buyer to speak with the City of Welland to see if rezoning is possible.Front unit has a large living room with sliding doors leading to large deck and an amazing sunset/canal view! There are also 2 bedrooms, kitchen and 3-piece bath. Current tenant is willing to stay, or relocate, based on buyer's needs.The back unit boasts a 10' ceiling in the main kitchen/living/dining area with a wood-burning stove, siding glass door leading to a patio area and private back yard. This patio area will also hold a new extension to add more space to the main living area. Two bedrooms, laundry, office space, fully renovated bathroom with high quality finishes and a large walk-in shower await you on the lower level. Greenhouse and two sheds are also included.The bachelor apartment above the garage has a wonderful view to the canal/sunsets out front and a large private back deck out back.The Flatwater Centre is close by, Dragon Boat Festivals, regattas & rowing are regular events on the Canal, and the Trans Canada Trail is located just across the canal.Don't miss out on this amazing property!

Inclusions: Freezer,Hot Water Tank Owned,Microwave,Window Coverings

Building Features:

  • Floor Space: 1475 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range:
  • Basement: Full, Finished
  • Construction Materials: Stucco, Vinyl Siding
  • Cooling: Wall Unit(s)
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2231 Square Feet
  • Heating: Baseboard, Wood Stove
  • Interior Features: Accessory Apartment
  • Laundry Features: Other
  • Lot Features: Hospital, Quiet Area, Schools, Shopping Nearby, Trails, Other
  • Lot Frontage: 76.03 Feet
  • Other Structures: Greenhouse, Shed(s)
  • Parking Features: Attached Garage
  • Road Frontage Type: Municipal Road
  • Roof: Shingle
  • Water Source: Municipal
  • Waterfront Features:
  • Window Features: Window Coverings
  • Zoning: RL1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 7

Courtesy of: RORE REAL ESTATE

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.

Sales/Price History

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Location of 40 Kingsway, Welland, ON, L3B 3N8

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

40 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

40 hot days expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 40 Kingsway , experiences 7 hot days per year at around 29.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 40 hot days at 33.5 degrees Celsius.

Projected Avg. Temperature

Past
29.9℃
2050
33.5℃

# Hot Days Per Year

Past
7
2050
40

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, 40 Kingsway , experiences 11 significant 2-day storms per year, with about 329.6mm 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 408mm of precipitation per year.

Precipitation Per Storm

Past
329.6mm
2050
408mm

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 40 Kingsway, Welland, ON, L3B 3N8

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$112,259.83

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.5 %

High school certificate or equivalent

30.85 %

Apprenticeship trade certificate/diploma

12.62 %

College/non-university certificate

31.15 %

University certificate (below bachelor)

0.64 %

University Degree

10.24 %

Commuter

Travel To Work

By Car

96.08 %

By Public Transit

0.26 %

By Walking

1.39 %

By Bicycle

0.0 %

By Other Methods

2.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.61 %

Houses

94.39 %

Own Vs. Rent