Property Description

Vendor Take Back Financing Available up to 75% of the Sold Price at Current Commercial Mortgage Rate ******************** rnrnAsking Price include 50 Niagara St and 52 Niagara St.rn rnTotal lot size 41.90 Feet X 60.56 Feet. Current Zoning is DMC per MPAC. Land Site Area 2497 Sq FT.rn rnApprox 3458 Fq Ft Detached Building Located in Downtown Welland Backs onto Welland Canal, walk to City Hall. Restaurant, Shops. About 5 Minutes Drive to Niagara College Welland Campus.rn rnPer MPAC Measurement: Ground Floor, ceiling height 12.6 Feet, 1291 sq ft + 438 Sq Ft at the back + 2nd Floor, ceiling height 8 feet, 1729 Sq Ft + unfinished basement, Ceiling Height 6.8 Feet, 1729 Sq Ft. rn rn4 Separate Hydro Meters, currently used as 4 residential units and 1 commercial unit. rn rnGround Floor: Unit #1, 1 bedroom unit, 1 X 3 Piece washroom, kitchen, $700 / month + Unit #2, being used as a commercial unit, 1 X 3 piece washroom, $800 / month + Unit #3, unit at the back, Bachelor unit, 1 X 3 Piece washroom, kitchen, $550 / month. rn rnSecond Floor: Unit #4, 3 bedroom unit, 1 X 4 Piece washroom, kitchen, Currently Vacant + Unit #5, 1 bedroom, 1 X 4 Piece washroom, kitchen, $800 / month.rnrnApprox 1729 Sq Ft open concept unfinished basement below 50 and 52 Niagara St with 6.8 Feet ceiling height.rnrnAll Tenants are month to month, Landlord pays heat, hydro and water. Buyer to assume Tenants on closing.rnrnBuyer to assume the Furnace and Hot Water Heater rental on closing.rnrnBuyer And Buyer Agent To Do His Own Due Diligence. Property In “As Is, Where Is”. No Warranties Or Representations By Sellers / Agents. No Property Survey. rnrnWelland Is A Growing Town Over 52,000 People Population With Welland Canal, Niagara College Welland Campus with close to 10,000 Student Populations, Seaway Mall, Conservation Area, Merritt Island, 3 Golf Courses Etc. 20 Minutes To Niagara Falls, St. Catharines And Port Colborne.

Features
: Forced air, Other
: Pay
: Municipal
Address Map
CA
Ontario
Niagara
Welland
L3C 1H9
NIAGARA
50
Street
W80° 44' 51.4''
N42° 59' 33.6''
Additional Information
RE/MAX REALTY SPECIALISTS INC.(ST)
0
0 Sqft
Investment
Between main St West and Mill Street, Main St West/ Niagara St

50 NIAGARA Welland

50 NIAGARA Street, Welland, Ontario L3C 1H9

0.06 Acre
C$1100000
Listing ID #40088204
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 40088204
Price : C$1100000
Year Built : 1870
Lot Area : 0.06 Acre
Status : Active
Lot Depth : 60.5
Lot Front : 41.9
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