6
See all 6 photos
-
Est. payment /mo
6 Beds
2 Baths
New
462 East Main ST Welland, ON L3B 3X6
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 768 - Welland Downtown
MLS Listing ID X13606126
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,510
Tax Year 2025
Property Sub-Type Duplex
Property Description
Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review.
Location
Province ON
County Niagara
Area Niagara
Zoning CC2
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 2
Separate Den/Office 3
Interior
Interior Features None
Cooling None
Exterior
Exterior Feature Deck
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 29.4
Lot Depth 111.9
Total Parking Spaces 2
Building
Building Age 100+
Foundation Concrete
Others
Senior Community No
ParcelsYN Yes
Listed by REAL BROKER ONTARIO LTD.
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