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Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$2,950,000
Available - For Sale
Listing ID: X9351928
141* Plymouth Pl , Welland, L3B 3C8, Ontario


A unique opportunity in the heart of Welland, it's a gem waiting to be polished! Buy and Hold or develop (a proposed 10-storey 149 unit purpose built apartment building)! Sitting just shy of an acre, this property is nestled within walking distance to parks, public transportation, amenities and critical public infrastructure. The mixed use site offers a multitude of avenues to maintain, stabilize or increase income streams for its future owner. Property is not leased to max capacity providing an opportunity to update/reno suites and bring in tenants at increased rental rates. The proximity to Welland County General Hospital provides an incredible opportunity to take advantage of the mixed use zoning, (INSH) Institutional Services & Health, allowing investors to potentially provide needed commercial services to the public in the area. Lots of upside with this property from multiple angles.
Price $2,950,000
Taxes: $26815.47
Tax Type: Annual
Occupancy by: Tenant
Address: 141* Plymouth Pl , Welland, L3B 3C8, Ontario
Postal Code: L3B 3C8
Province/State: Ontario
Legal Description: PART BLOCK D, PLAN 574 AS IN RO641442; P
Directions/Cross Streets: Plymouth/Third St
Category: Apartment
Use: Apts-13 To 20 Units
Building Percentage: Y
Total Area: 12572.00
Total Area Code:  Sq Ft
Office/Appartment Area: 12572
Office/Appartment Area Code: Sq Ft
Approximatly Age: 51-99
Sprinklers: N
Heat Type: Baseboard
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Deepak Sharma
Broker
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647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood:
Style:
Lot Size: 0.00 x 0.00(Acres)
Approximate Age: 51-99
Tax: $26,815.47
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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