22 Kennedy Street, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of 768 - Welland Downtown. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $699,900 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 6 Bathrooms with 5 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 90 x 120 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: None
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Welcome To An Exceptional Investment Opportunity In The Heart Of Welland! This Solid Fourplex With An Additional Dwelling Unit ADU Offers Incredible Value For Investors Seeking Strong Cash Flow And Long Term Upside. Featuring Four Self Contained Units Plus A Separate Garden Suite Converted From The Detached Garage, This Property Provides Added Rental Income. Each Unit Is Equipped With Its Own Hydro Meter Along With A House Meter, Offering Convenience And Efficient Utility Management. Zoned Residential Medium Density (RM), This Property Allows For Flexibility And Future Potential In A Growing Market. Ideally Situated On Kennedy Street In A Mature And Central Neighbourhood, Tenants Will Enjoy Easy Access To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Just Minutes From Downtown Welland, The Welland Canal, Niagara College, And With Quick Access To Hwy 406, This Location Offers Seamless Connectivity To Niagara Falls, St Catharines, And Surrounding Areas. With Strong Rental Demand, A Desirable Unit Mix, And An Additional Dwelling Unit ADU , This Property Represents A Rare Opportunity To Secure A High Performing Asset In One Of Niagara's Emerging Investment Markets. A Smart And Strategic Addition To Any Real Estate Portfolio.
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Pricing & Value Insights
Data-driven valuation for 22 Kennedy Street, Welland, ON L3B 3R6
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About Purchasing a Home in Welland, ON
For a property listed at $699,900 in Welland, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.