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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$2,200,000
Available - For Sale
Listing ID: X9414333
131 THIRD St , Welland, L3B 4W5, Ontario


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
Price $2,200,000
Taxes: $20874.00
Assessment: $630000
Assessment Year: 2023
Occupancy by: Tenant
Address: 131 THIRD St , Welland, L3B 4W5, Ontario
Postal Code: L3B 4W5
Province/State: Ontario
Legal Description: PT BLK D PL 574 AS IN RO749116 ; S/T RO1
Lot Size: 111.00 x 208.00 (Acres)
Directions/Cross Streets: PLYMOUTH TO THIRD ST
Total Area: 15400.00
Total Area Code:  Sq Ft
Area Influences: Park   Public Transit
Approximatly Age: 51-99
Insurance Expense: $7898
 Heat Expenses: $18086
Other Expenses: $6200
Net Income Before Debt: $92300
Heat Type: Baseboard
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX NIAGARA REALTY LTD, BROKERAGE
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style:
Lot Size: 111.00 x 208.00(Acres)
Approximate Age: 51-99
Tax: $20,874
Maintenance Fee: $2,000
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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