ONNiagaraWelland366 Crowland Avenue
366 Crowland Avenue
Interior view
Interior view
12
Expired
Multiplex

366 Crowland Avenue

Welland, ON, L3B 1X7

Multiplex
Area
3000-3500 sq.ft
Bed
8
Bedrooms
Bath
4
Bathrooms
Parking
6
Single Garage
Expired

Property Description

Original Remarks

All-brick 2-storey multi-residential building in the heart of Welland! This solid investment property features four fully finished 2-bedroom, 1-bathroom units, plus a full basement with two additional units that are approximately 75% complete. With proper city approvals and permits, the building can be completed as a legal 6-unit property, offering excellent value-add potential. Major updates have already been taken care of, including a brand-new tankless boiler system, upgraded main electrical wiring, and a full sprinkler system with alarm. A recent fire inspection and approved fire plan ensure compliance with current safety standards and reduce future risk. A detached double garage provides the option for additional income or secure storage. Located near schools, shopping, and public transit, this is the perfect opportunity for investors seeking both strong rental income and future growth potential in a desirable area of Welland.

PROPERTY HISTORY

366 Crowland Avenue

Type:Multiplex
Style:2-Storey
Size Range:3000-3500
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12471265
Community:773 - Lincoln/Crowland
Days on Market:-
Year Built:-
Age range:-
Basement:Full
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$4,700/yr (2024)
Municipality:Welland
Lot Size:45.00 x 119.00 Feet

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