715 Reaker Road, Welland, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of 765 - Cooks Mills. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,700,000 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 2 Bathrooms
- Premium 445.1 x 327.07 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
GEC Zoned 2.4 Acre Lot with 9000sqft Industrial building located to the roundabout close to the new Asahi Kasei development. Excellent location for trucking and distribution. Easy access to 406 and QEW to US boarder. Features a (57x100) 5700sqft Dry Industrial Warehouse Building with 16ft clear height, two 12ft x 14ft drive in doors and two 9ft x 10ft sunken loading docks. 3-phase, 600v/400a service with suspended gas heat. AC and Gas heated office space with 2 washrooms, reception and boardroom downstairs with kitchen and more offices upstairs. Additional 2300sqft maintenance shop with 16ft clear height and two 12ft x 14ft drive in doors. Utilities are septic and well. Gravel Yard with security cameras and gate with fob access.
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Pricing & Value Insights
Data-driven valuation for 715 Reaker Road, Welland, ON L3B 5N7
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About Purchasing a Home in Welland, ON
For a property listed at $1,700,000 in Welland, the legal minimum down payment is $340,000 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 $30,475 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 $30,475.
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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.