$ 799.000

71 Young Street, Welland

1 Photos

Bedrooms: 9
Bathrooms: 3
Living area: 3400 sqft

MLS®: 40561465
Type: Residential
Added: 11 days ago

Property Details

Incredible Investment Opportunity Alert!! This expansive two-and-a-half-storey fourplex is fully rented and ready for you to seize. The main building boasts three units, while the fourth resides in the Coach house. Picture this: a basement bachelor pad, a spacious three-bedroom apartment on the main floor, and a three-bedroom apartment on the second and third floors. Plus, the Coach house offers a garage, office space, and a delightful two-bedroom apartment with a walkout deck. Need more? There's even a shipping container on-site for additional storage. With parking for up to eight vehicles, convenience is key. Positive cashflow. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Boiler, Natural gas
Stories: 2
Basement: Finished, Full
Directions: KING AND YOUNG
Living Area: 3400
Lot Features: Crushed stone driveway
Photos Count: 1
Water Source: Municipal water
Parking Total: 10
Bedrooms Total: 9
Structure Type: House
Common Interest: Freehold
Parking Features: Detached Garage
Subdivision Name: 768 - Welland Downtown
Tax Annual Amount: 3200
Exterior Features: Stone, Stucco
Security Features: Unknown
Foundation Details: Block
Zoning Description: rm3
Architectural Style: 2 Level

Room Dimensions

Type	Level	Dimensions
Living room/Dining room	Upper Level
Kitchen	Upper Level	1'0'' x 1'1''
Bedroom	Upper Level	1'1'' x 1'1''
Bedroom	Upper Level	1'1'' x 1'1''
Living room/Dining room	Second level
Kitchen	Second level	1'1'' x 1'1''
3pc Bathroom	Second level
Bedroom	Second level	1'1'' x 1'1''
Bedroom	Second level	1'1'' x 1'1''
Bedroom	Second level	1'1'' x 1'1''
Living room/Dining room	Main level
Kitchen	Main level	1'1'' x 1'1''
3pc Bathroom	Main level
Bedroom	Main level	1'1'' x 1'1''
Bedroom	Main level	1'1'' x 1'1''
Bedroom	Main level	1'1'' x 1'1''
3pc Bathroom	Basement
Kitchen	Basement	1'1'' x 1'1''
Bedroom	Basement	1'1'' x 1'1''

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Nearby Places

Name	Type	Address	Distance
Welland Canal, bridge 13	The bridge crosses an abandoned portion of the Wel...		0.4 km
Notre Dame College School	In the early years of the establishment, tuition w...		1.2 km
Welland	Within a half-hour or less, residents can travel t...		1.4 km
Welland Canal, Bridge 15	The bridge formerly carried the main line of the C...		1.5 km
École élémentaire Champlain	It serves the French population of the Niagara Reg...		1.6 km
Welland Centennial Secondary School	The school mascot is the Cougar and the school col...		2.3 km
District School Board of Niagara	School	240 Thorold Rd	2.4 km
Main Street Tunnel	The structure was built as a part of the Welland B...		2.6 km
Welland International Flatwater Centre	For the Championships and the Pan American Games i...		2.9 km
Seaway Mall	The mall has 500,000 square feet (46,000 m2) of sp...		2.9 km
Seaway Mall	Shopping mall	800 Niagara St	2.9 km
Welland (provincial electoral district)	A new riding of Niagara Centre was created before ...		3.4 km

Similar Houses Stat in Welland

We have found 6 Houses that closely match the specifications of the property located at 71 Young Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 599,900 and 999,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L3B4C5 postal code area of Welland Ontario Canada.

71 Young Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 71 Young Street. The current price of the property is $799,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $639,200. This would result in a monthly mortgage payment of $3,736 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	15
University / Below bachelor level	10
Certificate of Qualification	20
College	70
University degree at bachelor level or above	15

Neighbourhood Marital Status Stat

Married	105
Widowed	25
Divorced	45
Separated	25
Never married	235
Living common law	55
Married or living common law	165
Not married and not living common law	325

Neighbourhood Construction Date

1961 to 1980	15
1981 to 1990	30
1991 to 2000	25
2001 to 2005	10
2006 to 2010	25
1960 or before	205

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