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215 Broadway Avenue Image 1

$695,000

Mar 1Detached For Sale
bedrooms9bed
washrooms5bath
MLS - #X11994891

215 Broadway Avenue, Welland, ON L3C 5L2

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Average Price
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Property Description

Property type

Detached

Lot size

N/A

Style

Bungalow

Approx. Area

N/A

About 215 Broadway Avenue

Fantastic opportunity for the right person. This former church building offers a very spacious owner occupied rear unit with up to 5 bedrooms. kitchen, diningroom, livingroom, laundry, pantry and 3 pc plus a large patio area and rear parking. The front of the building offers 6 bedrooms, currently rented, each with its own 2 pc washroom. Tenants share a kitchen, livingroom and 3 pc with shower. The owners unit could be divided to make extra money too! . Updates include roof shingles 2019, two high efficient furnaces 5-6 yrs old and central air. Electric hot water tank is owned, gas one is rented. 600 amp service coming into the building. Some parking. Owner is willing to stay on and rent the rear unit and manage the 6 rooms that are currently rented. ( 5 rooms @ $700/month and 1 room @ $630/month on next increase). Current rental income $46,240 with expenses of property taxes $2930, hydro $4870, gas $3760, rental enercare $540, water $2530. Live in the spacious owners unit and let the tenants pay your bills, including your mortgage!

Home Overview

Last updated

Apr 8

Virtual tour

None

Basement information

Crawl Space

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

2025

Listed by ROYAL LEPAGE NRC REALTY

Additional Details

Basement:Crawl Space
Cooling:Central Air
Heating:Forced Air
Parking Features:Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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