$1,400,000
( $114.09Per Sq Foot )
 $7,516 est/mo Sourced by Back At You

5 - 7 Broadway Avenue,Welland, ON L3C 5L2

Welland, ON L3C 5L2

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Description

Discover this prime investment property offering a remarkable 5.7% cap rate. Featuring seven fully renovated one-bedroom units, all tenanted at or near market rent, this property is the epitome of turnkey convenience. With an impressive 8.1% cash-on-cash return in the first year, its a standout opportunity for savvy investors. This property boasts numerous capital expenditure updates, including newer windows, updated appliances, roof replacements and repairs as needed, newly installed gutters and downspouts, upgraded exterior doors, and a complete rewiring of the electrical system with updated breakers, plus much more!

Details

MLS#X11973846
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site69
Listing Provided ByEXP REALTY | X11973846 285400

Features

SQ Feet12,271
Acreage0.28
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

WAHEED AHMED

WAHEED AHMED

Coldwell Banker The Real Estate Centre

 (647) 865-1097ahmed@toprealtortoronto.ca
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3C 5L2
Area772 Broadway
Listing VS Median (in L3C 5L2)
Price:
$1,400,000
low | high
Med:
$1,400,000
50% of Average
SqFt:
12,271
low | high
Med:
12,271
50% of Average
$ / SqFt:
$114
low | high
Med:
$114
50% of Average
On site:
69
low | high
Med:
69.000000
100% of Average
Sourced by Back At You
Listing Updated: April 8, 2025 at 11:33:46 AM PDT

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WAHEED AHMED

2162 Major Mackenzie Drive
Vaughan, Ontario L6A 1P7
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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