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$474,900
Available - For Sale
Listing ID: X12645434
51 Fourth Street , Welland, L3B 4X7, Niagara
Listing image


One-of-a-Kind Opportunity! This exceptional detached property offers two fully self-contained homes on one deep, private lot, making it ideal for investors, multi-generational living, or owner-occupiers seeking additional income. The main two-storey residence features 2 bedrooms, 1 bathroom, and approximately 1,005 sq. ft. of well-maintained living space, along with a full, high, dry basement. Year-round comfort is provided by a high-efficiency Keeprite furnace and 2-ton central air conditioning. Privately situated at the rear, the separate guest house /in-law suite / auxiliary apartment offers 2 bedrooms, 1 bathroom, and 594 sq. ft. of bright living space with direct garden access. It is heated by a gas space heater and cooled by a window air-conditioning unit, creating a comfortable and independent living environment. Both homes have been exceptionally well cared for and maintained by excellent tenants, reflecting true pride of ownership. The property features outstanding landscaping on a deep, private lot and includes a custom shed/man cave/workshop as well as a custom potting shed. The lot presents outstanding future potential, including the possibility of redevelopment into a 4-plex, 6-plex,or other multi-family configuration. Additional features include separate hydro breakers, two separate gas meters, and two hot water tanks (rentals). Outdoor living is enhanced by a two-tier rear deck, covered front veranda, and a private deck for the guesthouse. A paved double driveway provides parking for up to six vehicles. Live in one and rent the other, rent both, or explore redevelopment opportunities. This truly unique, multi-opportunity property should not be missed. Main house rented for $2151/month and garden suite was rented for $1810, total monthly income potential of $3,961 ($47,532 annually)
Price $474,900
Taxes: $2186.80
Occupancy: Tenant
Address: 51 Fourth Street , Welland, L3B 4X7, Niagara
Directions/Cross Streets: Lincoln St./King St.
Rooms: 10
Bedrooms: 4
Bedrooms +: 0
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 10.3 10.3 W/O To Patio
Room 2 Main Living Ro 23.06 15.28 Combined w/Den, Laminate
Room 3 Main Kitchen 23.06 9.48
Room 4 Main Living Ro 11.55 12.3
Room 5 Main Primary B 13.22 9.22
Room 6 Main Bedroom 2 11.81 9.12
Room 7 Main Other 12.2 4.56
Room 8 Second Bedroom 3 12.04 8.63
Room 9 Second Bedroom 4 10.04 15.65
Room 10 Basement Cold Room 10.04 15.65
Room 11 Main Bathroom 4 Pc Bath
Room 12 Main Bathroom 4 Pc Bath
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Main
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 4 Main
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 4 Main
Washroom Type 12 4 Main
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 4 Main
Washroom Type 17 4 Main
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 4 Main
Washroom Type 22 4 Main
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 4 Main
Washroom Type 27 4 Main
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
Washroom Type 31 4 Main
Washroom Type 32 4 Main
Washroom Type 33 0
Washroom Type 34 0
Washroom Type 35 0
Washroom Type 36 4 Main
Washroom Type 37 4 Main
Washroom Type 38 0
Washroom Type 39 0
Washroom Type 40 0
Washroom Type 41 4 Main
Washroom Type 42 4 Main
Washroom Type 43 0
Washroom Type 44 0
Washroom Type 45 0
Washroom Type 46 4 Main
Washroom Type 47 4 Main
Washroom Type 48 0
Washroom Type 49 0
Washroom Type 50 0
Washroom Type 51 4 Main
Washroom Type 52 4 Main
Washroom Type 53 0
Washroom Type 54 0
Washroom Type 55 0
Washroom Type 56 4 Main
Washroom Type 57 4 Main
Washroom Type 58 0
Washroom Type 59 0
Washroom Type 60 0
Washroom Type 61 4 Main
Washroom Type 62 4 Main
Washroom Type 63 0
Washroom Type 64 0
Washroom Type 65 0
Washroom Type 66 4 Main
Washroom Type 67 4 Main
Washroom Type 68 0
Washroom Type 69 0
Washroom Type 70 0
Washroom Type 71 4 Main
Washroom Type 72 4 Main
Washroom Type 73 0
Washroom Type 74 0
Washroom Type 75 0
Washroom Type 76 4 Main
Washroom Type 77 4 Main
Washroom Type 78 0
Washroom Type 79 0
Washroom Type 80 0
Total Area: 0.00
Property Type: Detached
Style: 2-Storey
Exterior: Aluminum Siding
Garage Type: None
(Parking/)Drive: Other
Drive Parking Spaces: 6
Park #1
Parking Type: Other
Park #2
Parking Type: Other
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
$ /Year
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$ /Year
$ /Year
$ /Year
Years
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%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
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Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY
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At a Glance:
Type: Freehold - Detached
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style: 2-Storey
Lot Size: x 165.70(Feet)
Approximate Age:
Tax: $2,186.8
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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