Realestate

Property Details

1 of 32
$799,000
74 Macoomb Drive, Welland, ON L3C 5T9
6 + 3
2
1
MLS®X13079358
Property Type
Residential Freehold
Sub Type
Detached
Heating
Forced Air
Cooling
Central Air
Lot Size
137.5 x 55 Feet
Approx Age
51-99
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"
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