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Home ON St. Catharines - Niagara Welland Eastdale
951 EAST MAIN STREET
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951 EAST MAIN STREET $4,500,000
$4,500,000
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951 EAST MAIN STREET
Welland (Lincoln/Crowland), Ontario L3B3Z2

MLS® Number: X12196052
35
Bedrooms
15000
Square Feet

Listing Description

Located just off the 406 and minutes from Niagara College, this well-positioned 18-unit multifamily asset offers a strategic blend of stability andupside potential in one of Niagaras most desirable rental corridors. The building has seen extensive recent improvements including freshlypainted main hallways, new flooring and baseboards (2022), and renovated kitchens, bathrooms, and interiors in the majority of units. A select number of suites remain primed for value-add upgrades and rent optimization. Key operational advantages include separately metered hydro, Coinamatic laundry, tenant storage units, a modern security system, and ample on-site parking all enhancing tenant satisfaction and reducing owner overhead. ?? Investment Highlights: 18 updated residential units Majority of renovations completed Prime rental location near 406 &Niagara College Coin-operated laundry & tenant storage Separate hydro meters & security system Value-add potential with strong rent growth upside This is an excellent opportunity for investors seeking turn-key performance with long-term value growth in a thriving rental market. (40612412)

Location Description

WELLINGTON AND EAST MAIN

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
15000 sqft
Community Name
773 - Lincoln/Crowland
Land Size
Bldg=108 x 201 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$35,401.12
Total Parking Spaces
20
Time on REALTOR.ca
23 days

Building

Heating & Cooling
Heating Type
Other
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit
Parking
Total Parking Spaces
20

Measurements

Square Footage
15000 sqft
Exterior Building Size
15000 sqft

Land

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

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