$399,900

Multiplex

236 Wallace Avenue, Welland, ON

21 DAYS
4
2
0
1100-1500
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Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Property Highlights

Parking

1 space

Property Tax

$2,396/yr

Age

51-99 yrs

Lot Size

< .50 ac

Style

2-Storey

Basement

Full, Unfinished

Monthly Cost

$1,888/mo

About This Home

An affordable investment in a great location. This DUPLEX property features two 2-bedroom, 1-bathroom units, approx. 700sqft each. The first unit includes the main floor and basement. There is a living room, big updated kitchen, 2 good size bedrooms and a 4-piece bathroom. The upper unit is similar layout, with a living room, kitchen, 2 bedrooms, and a 4-piece bathroom. Access for the upper unit is separate entrance through the back door. All kitchen appliances included. Basement is unfinished, laundry appliances tenants . Two SEPARATE hydro meters. Furnace updated. Huge backyard with deck, fire-pit, and garden shed. Fully fenced. Great location - close to schools, public transit, highway access, shopping plazas, gyms, parks, place of worship and more. Very attractive features for renters and families. Start earning income right away on this investment property. Tenants pay... $760 upper plus hydro... pays on time and has been there a long time. Main floor $1,200 plus hydro and always pays on time. Rents are below average but responsible tenants. Units look a little clustered but in great shape and well maintained. 2025 Seller utility expenses... Gas - $1,092.86 Water $1,360.17

Monthly Cost

Monthly Mortgage$1,689
Property Tax ($2,396/yr)$200
Total$1,889

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Kitchen: 3.80m × 2.91m
Living Room: 3.08m × 2.92m
Bedroom 2: 3.82m × 2.89m
Bathroom: 1.67m × 1.82m
Bedroom: 3.28m × 2.88m

Second Level

Bedroom 4: 3.05m × 3.10m
Bathroom: 2.04m × 2.00m
Bedroom 3: 3.00m × 3.68m
Kitchen: 3.14m × 3.80m
Living Room: 3.05m × 3.15m

Basement Level

Laundry: 8.94m × 5.94m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage