422 Welland Avenue,St. Catharines (Facer), ON L2M5T8
St. Catharines (Facer), ON L2M5T8
Description
A fully renovated bungalow, R2-zoned, suited for owner-occupiers seeking rental offset or investors seeking a good ROI. ***With a separate entrance to the basement, and existing kitchen and bathroom rough-ins, the lower level can be converted at low cost into a self-contained 2-bedroom, 1-bath suite with its own bathroom and laundry. The main floor and basement, when rented separately, could possibly achieve a combined ROI potentially exceeding 8-10% resulting in an outstanding cash flow performance.***The driveway, with minor repositioning, can accommodate 4 vehicles; the backyard is fully fenced, offering generous space for outdoor activities.***Major 2025-2026 renovations: front and side doors, main-floor windows, eavestroughs and downspouts, exterior and main-floor paint, kitchen cabinets and flooring, stainless steel (interior) dishwasher and range hood, new bathroom, waterproofed basement walls with new laundry area flooring, and a new heat pump A/C. Low overall maintenance costs.***The property is conveniently located near shopping, dining, schools, a hospital, with easy access to the QEW and along public bus routes. This prime location benefits from strong rental demand and proximity to essential amenities, making it a solid long-term investment property. The entire house can also be rented to AAA tenants. (id:13843)
Details
| MLS # | X14034482 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 11 |
| Listing Provided By | HOMELIFE NEW WORLD REALTY INC. | JUN ZHOU |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 700 |
| Basement | Y |
| Story(s) | 1 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Heat Pump, Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Block |
|---|---|
| Fencing | Fenced yard |
Parking
| Parking Features | No Garage, Tandem |
|---|---|
| Parking Total | 2 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2715.57 |
|---|
Area Information
| Province | ON |
|---|---|
| City | St. Catharines (Facer) |
| Postal Code | L2M5T8 |
| Listing VS Median (in L2M5T8) | |
Price: $375,000 low | high Med: $188,550 sqft: 700 low | high Med: 700 $ / sqft: $536 low | high Med: $269 On site: 11 low | high Med: 15 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | St. Catharines (Facer) |
| Postal Code | L2M5T8 |
| Listing VS Median (in L2M5T8) | |
Price: $375,000 low | high Med: $188,550 sqft: 700 low | high Med: 700 $ / sqft: $536 low | high Med: $269 On site: 11 low | high Med: 15 | |
