Dir: 647-505-9207

Call us @ any time

51 Fourth Street, Welland, ON L3B 4X7 (Lincoln St./King St.)

Price : $524,900.00 , MLS®# : X12645434

Thanesh Sivaganasundram
Real Estate Agent
Description

One-of-a-Kind Opportunity! This exceptional detached property offers two fully self-contained homes on one deep, private lot, making it ideal for investors, multi-generational living, or owner-occupiers seeking additional income. The main two-storey residence features 2 bedrooms, 1 bathroom, and approximately 1,005 sq. ft. of well-maintained living space, along with a full, high, dry basement. Year-round comfort is provided by a high-efficiency Keeprite furnace and2-ton central air conditioning. Privately situated at the rear, the separate guest house /in-law suite / auxiliary apartment offers 2 bedrooms, 1 bathroom, and 594 sq. ft. of bright living space with direct garden access. It is heated by a gas space heater and cooled by a window air-conditioning unit, creating a comfortable and independent living environment. Both homes have been exceptionally well cared for and maintained by excellent tenants, reflecting true pride of ownership. The property features outstanding landscaping on a deep, private lot and includes a custom shed/man cave/workshop as well as a custom potting shed. The lot presents outstanding future potential, including the possibility of redevelopment into a 4-plex, 6-plex,or other multi-family configuration (buyer to verify). Additional features include separate hydro breakers, two separate gas meters, and two hot water tanks (rentals). Outdoor living is enhanced by a two-tier rear deck, covered front veranda, and a private deck for the guesthouse. A paved double driveway provides parking for up to six vehicles. Live in one and rent the other, rent both, or explore redevelopment opportunities. This truly unique, multi-opportunity property should not be missed.

Location Description

Lincoln St./King St.

Property Details
  • Community: 773 - Lincoln/Crowland
  • Property Type: Vacant/Residential Freehold
  • Bedrooms: 4
  • Bath: 2
  • Garages: None
  • Annual Property Taxes : $ 2186.8
Building Features
  • Foundation Type: Concrete
  • Counstruction Material : Aluminum Siding
  • Total Parking Space : 6
  • Parking Type : None
Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,

Listing Contracted With: ROYAL LEPAGE SIGNATURE REALTY