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Home ON St. Catharines - Niagara Welland Welland South
308 BROADWAY STREET
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308 BROADWAY STREET $579,000
2 days ago
$579,000
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308 BROADWAY STREET
Welland (Broadway), Ontario L3C5L9

MLS® Number: X12105472
6
Bedrooms
4
Bathrooms
2500 - 3000
Square Feet

Listing Description

ATTENTION all Investors! Welcome to 308 Broadway, a rare and versatile multi-residential triplex in the thriving city of Welland. This unique property is zoned for both commercial and residential use, offering unmatched flexibility and potential for investors, entrepreneurs, or owner-occupiers looking to capitalize on a growing market. The main floor features a spacious and bright 2-bedroom unit, complete with a private entrance and in-suite laundry hookups perfect for comfortable living or a professional office setup. Upstairs, the second level offers two well-appointed 2-bedroom apartments, each filled with natural light and classic character, providing desirable rental options for tenants. The basement adds even more value, with a bathroom and plumbing already in place, offering potential to be converted into a fourth legal unit a rare and exciting opportunity to increase rental income and overall property value. Additional highlights include, High-efficiency boiler and water heaters all owned, Rear parking plus street parking available, Cap rate of 6.6%, prime central location with easy access to highways, public transit, and nearby amenities. Whether you're an experienced investor or new to real estate, this property is a smart addition to your portfolio. With solid income potential, mixed-use zoning, and expansion possibilities, 308 Broadway stands out as a truly unique and rewarding opportunity in one of Niagara's most promising cities. **Property is Tenanted** (40323975)

Location Description

Broadway and Clifford

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
772 - Broadway
Land Size
33 x 68 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$3,048.78
Parking Type
No Garage
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
4
Interior Features
Appliances Included
Water Heater, Stove, Refrigerator
Basement Type
Full (Partially finished)
Building Features
Foundation Type
Block
Heating & Cooling
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Concrete Block
Parking
Parking Type
No Garage
Total Parking Spaces
2

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Frontage
33 ft
Land Depth
68 ft
Other Property Information
Zoning Description
RL2
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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