For Sale - 422 Welland Avenue, St. Catharines, Ontario

Est payment $1,920/mo
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Time on Jump  1 days



A fully renovated bungalow, r2-zoned, suited for owner-occupiers seeking rental offset or investors seeking a good roi. ***with a separate entrance to the basement, and existing kitchen and bathroom rough-ins, the lower level can be converted at low cost into a self-contained 2-bedroom, 1-bath suite with its own bathroom and laundry. The main floor and basement, when rented separately, could possibly achieve a combined roi potentially exceeding 8-10% resulting in an outstanding cash flow performance.***the driveway, with minor repositioning, can accommodate 4 vehicles; the backyard is fully fenced, offering generous space for outdoor activities.***major 2025-2026 renovations: front and side doors, main-floor windows, eavestroughs and downspouts, exterior and main-floor paint, kitchen cabinets and flooring, stainless steel (interior) dishwasher and range hood, new bathroom, waterproofed basement walls with new laundry area flooring, and a new heat pump a/c. Low overall maintenance costs.***the property is conveniently located near shopping, dining, schools, a hospital, with easy access to the qew and along public bus routes. This prime location benefits from strong rental demand and proximity to essential amenities, making it a solid long-term investment property.
Listing IDX13606558
Address422 Welland Avenue
CitySt. Catharines, Ontario
Price$399,900
Bed / Bath3 / 2 Full
StyleBungalow, Detached
ConstructionVinyl Siding
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Primary Bedroom - Main Floor, Storage, Water Heater OwnedOutdoor Features PorchAmenities Fenced Yard, Park, Public Transit, Place Of Worship, SchoolOwnership FreeholdBasement Separate Entrance, Partially FinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 2.00
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Listing Agency:  HOMELIFE NEW WORLD REALTY INC.

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422 Welland Avenue
St. Catharines , Ontario
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