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    For Sale - 74 Macoomb Drive, Welland, Ontario

    Est payment $3,693/mo
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    Views   2
    Time on Jump  13 day

    AI Summary *

    • Great investment with a 9-bedroom home for immediate cash flow.
    • Recent zoning change allows up to 4 residential units per lot.
    • Potential for severance to develop up to 8 total units.
    • Located in a fast-growing rental market in Niagara.
    • Opportunity to secure income while planning for future development.




    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 IDX13249890
    Address74 Macoomb Drive
    CityWelland, Ontario
    Price$769,000
    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.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    74 Macoomb Drive
    Welland , Ontario
    9 2 $769,000
    Get more info