35 Ontario Rd Welland, Ontario L3B 5C1

9,000 ft2
Fully Air Conditioned

$1,299,000

Attention investors! 7.5% CAP RATE!! With this property's strategic location close to the upcoming huge residential project, this great property offers a mix of commercial and residential units, it presents an excellent chance to diversify your portfolio & capitalize on the thriving real estate market w/a huge potential to build up to 8 stories high and add up to 6 more residential units for a much handsome return on your investment. Conveniently located on the main floor are 2 commercial units, offering excellent visibility & accessibility to attract a diverse range of businesses. This prime positioning ensures a steady flow of potential tenants & promising future income. Ascending to the 2nd story, you'll find 4 residential units, each w/its own private entrance and separate Hydro meters, ensuring privacy and ease of access for tenants. There are three, two-bdrm units and one three-bdrm unit. Each has its own laundry facilities. Parking is never an issue w/parking for up to 20 cars. (id:26892)

Property Details

MLS® Number X7013746
Property Type Office

Building

Cooling Type Fully Air Conditioned
Size Exterior 9000 Sqft
Size Interior 9,000 Ft2
Type Offices

Land

Acreage No
Size Irregular Bldg=70 X 165 Ft
Size Total Text Bldg=70 X 165 Ft

https://www.realtor.ca/real-estate/26076834/35-ontario-rd-welland

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Terri – Tony

We would recommend Tula Thomas to anyone we know who is buying or selling a home. Tula helped us with the challenge of finding the perfect home for a very particular 28 year old. We couldn’t have done it without her knowledge, professionalism, patience and mostly her quick action. Tula offered us great advice on… Read more “Terri – Tony”

Terri - Tony 3156 Concession Rd. 8, Orono, Ontario L0B 1M0

Adam & Melissa

Tula, With deepest sincerity, we want to express how grateful we are with your professionalism, attention to details and willingness to “shout from the rooftops” in order to sell our home. Thank you, Thank you, Thank you! Best wishes to you and Hayley Adam, Melissa, Dayna & Linda.

Adam & Melissa

Lorraine Strelesky

Tula Thomas recently helped us locate and purchase a home in Oshawa. She is very experienced and helpful and went beyond our expectations , even calling on closing to ensure things were moving as planned. We highly recommend Tula and perhaps we will work together again.

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Roxanne Miller Oshawa

Our real estate experiences had not been very positive over the past 12 years until we met Tula Thomas. Tula’s real estate expertise, her incredible knowledge of the area we were moving to (Oshawa), and most importantly her honesty made our house purchasing and lifestyle change experience very manageable. Tula was supportive every step of… Read more “Roxanne Miller Oshawa”

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Frank & Cindy Geard

Dear Broker, Our experience with Tula Thomas was an exceptional one. We found her to be professional, knowledgeable and went above and beyond our expectation. We would highly recommend her to all of our family and friends, in fact we have. She helped in the purchase of my daughter and son in laws first home.… Read more “Frank & Cindy Geard”

Frank & Cindy Geard

Sally and Pat

Thank you for making the sale of our property so seamless. With your experience, we got $15,100.00 more than what we were told was the highest we could get for it. We are over the moon with the results and we can’t thank you enough for all you’ve done. We have told many of our… Read more “Sally and Pat”

Sally and Pat