CAONWelland35 Ontario Rd
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35 Ontario Rd, Welland, ON

House

For Sale

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000

MLS® X13049732

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 8000 sqft
Garage 
Taxes $12,400
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $137
MLS® Number X13049732

Property Address: 35 Ontario Rd, Welland, ON, L3B5C1

Average square foot calculated using Size range provided by listing agent.

Description

Priced Below Replacement Cost! Approx. 8, 000 sq. ft. mixed-use building with strong in-place income and significant upside. Currently generating $103, 000+ net annual income (9.4% CAP), with a clear path to increase to approximately $121, 000 (up to 11.05% CAP) through strategic rent adjustments and minor improvements. This is a true value-add asset requiring no major construction - ideal for investors seeking immediate cash flow with scalable upside, or builders looking to enhance and reposition for higher returns.The property features 4 residential units and 3 commercial units, delivering stable income today with multiple avenues for future growth. Positioned in a rapidly developing area near a 300, 000+ sq. ft. manufacturing facility and newly built residential communities, the location supports continued demand and long-term appreciation. Multiple additional upside potentials include expansion at the rear of the property, the opportunity to add a third floor, and the ability to reconfigure the main floor to increase residential density - with concept plans available to support a higher and more efficient use of the asset. A rare opportunity to secure a high-yield asset with immediate income, strong fundamentals, and redevelopment potential.Information package available upon request. Building offered "as is, where is" condition. (id:58753)Show Description
MLS® NumberX13049732
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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Commute

Starting Address
Destination Address
35 Ontario Rd, Welland, ON

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