For Sale - 74 Macoomb Drive, Welland, Ontario

Est payment $3,837/mo
Views   1
Time on Jump  1 days
  • Great investment with a 9-bedroom home generating immediate cash flow.
  • Zoning allows for up to 4 residential units on one lot.
  • Potential for severance to develop up to 8 total units.
  • Located in a fast-growing rental market for future opportunities.
  • Secure steady income while exploring further development possibilities.



Excellent investment opportunity in the city of welland! This property comes with an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from welland's latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units secure steady income now while unlocking significant future development potential in one of niagara's fastest-growing rental markets. " virtually staged pictures"
Listing IDX13079358
Address74 Macoomb Drive
CityWelland, Ontario
Price$799,000
Bed / Bath9 / 2 Full
StyleSidesplit 4, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features OtherOwnership FreeholdBasement Finished, Separate EntranceFoundation OtherHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 2.00
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Listing Agency:  HOMELIFE/DIAMONDS REALTY INC.

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74 Macoomb Drive
Welland , Ontario
9 2 $799,000
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