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$399,999

Welland ON, L3B 3M1

MLS® # 40792924

Property Information:

Welcome to 11 Patsy Ave, a legal duplex in the heart of Welland, perfect for investors or owner-occupiers seeking a move in ready income property. This updated up and down duplex with two-two bedroom units features a vacant main floor unit and a tenanted upper unit. Each unit offers 2 bedrooms, 1 full bathroom, a bright living room and a full kitchen. Both units boast fresh neutral paint, updated lighting, and an abundance of natural light. Separate entrances, separate hydro meters, in separate gas meters, with 1 laundry unit which provides excellent tenant appeal. Additional updates include a gas furnace (2019), a new roof (2021), and a stove (2021) for the upper unit. The generous sub-dividable lot provides ample potential for future expansion, a garden suite or additional parking. This rare parcel in central Welland provides long term development potential while maintaining a spacious private yard. Perfectly situated on a quiet, family-friendly street, yet only minutes to brand new amenities near the Lincoln and King st and Prince Charles connections, and just a few minutes to the 4 Lane, Highway 406. The Welland recreational canal and biking and walking trails are just a block away. Whether you're looking to live in one unit and have the tenant help, or add a turn key cash flowing property to your portfolio, this renovated duplex delivers immediate flexibility and long term value.

Inclusions: None

Building Features:

  • Floor Space: 1400 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Built in: 1920
  • Construction Materials: Stucco, Vinyl Siding
  • Cooling: Other
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1400 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Depth: 84.8 Feet
  • Lot Features: Other
  • Lot Frontage: 100.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: INSH
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: THE AGENCY

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Potential Investment Performance

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Location of 11 Patsy Avenue, Welland, ON, L3B 3M1

Demographic Information of 11 Patsy Avenue, Welland, ON, L3B 3M1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,014.80

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.53 %

High school certificate or equivalent

41.62 %

Apprenticeship trade certificate/diploma

7.0 %

College/non-university certificate

22.07 %

University Degree

6.78 %

Commuter

Travel To Work

By Car

86.63 %

By Public Transit

1.78 %

By Walking

5.22 %

By Bicycle

0.0 %

By Other Methods

6.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.14 %

Houses

60.86 %

Own Vs. Rent