144 Welland Avenue, St. Catharines, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of 451 - Downtown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $520,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 33.33 x 105.6 ft lot size
- equipped with no central cooling and highly efficient radiant heating
Description
Versatile Income Property with Strong UpsideThis fully tenanted, mixed-use property offers an excellent entry point into real estate investing or asmart addition to an existing portfolio. Featuring two generous residential units and a street-level commercial space, the building providesmultiple income streams and built-in diversification.Each unit has its own private entrance and separate hydro meter, helping keep operatingcosts straightforward and management efficient. The property is currently occupied by reliable tenants, allowing you to step into immediatecash flow while exploring future value-add opportunities. Located just minutes from downtown St. Catharines and close to shopping, dining, andpublic transit, this property benefits from consistent rental demand and long-term growth potential. Whether you're looking for a stableinvestment with room to improve or a practical first step into multi-unit ownership, this is an opportunity worth considering.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 144 Welland Avenue, St. Catharines, ON L2R 2N6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in St. Catharines, ON
For a property listed at $520,000 in St. Catharines, the legal minimum down payment is $27,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,875 for this transaction. As this listing is in St. Catharines (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,875.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.