174 Southworth Street, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $749,999 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.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 123 x 171.5 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Water Meter
- Efficient baseboard heating via gas
Description
Extremely well maintained, solid 4 unit property. This property has tons of upside potential. Fully tenanted with long term tenants. Due to long term tenants, some rents are below market value. This property features four 2 bedroom apartments in great condition. Every apartment has had a completely renovated 4-piece bath. All units are separately metered but owner currently pays hydro. Vinyl windows updated approx 2005. Roof shingles replaced approx 2010 as well as all vinyl siding. New hot water boiler 2021. New appliances in all units. This property zoned RM which offers great potential allowing for additional units to be added on to existing building or also allowing for townhouse, condo tower or apartment building. This building currently sits on a large lot and has parking for 8 cars. Possible potential for severance.
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Property Summary
This fourplex located at 174 Southworth Street, Welland is currently for sale and has been available on SousaSells for 471 days. This property is listed at $749,999 with an estimated mortgage of $2,496* per month. It has 8 beds, 4 bathrooms, and is 3000-3500 square feet. 174 Southworth Street, Welland is in the 773 - Lincoln/Crowland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 174 Southworth Street, Welland, ON L3B 1Z5
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 Welland, ON
For a property listed at $749,999 in Welland, the legal minimum down payment is $50,000 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 $11,475 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,475.
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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.