51 Fourth
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+21 more
$499,800

51 Fourth

Welland (Lincoln/Crowland), Ontario, L3B4X7

Active
4
Bedrooms
2
Bathrooms
6
Parking

About This Property

This 4-bedroom, 2-bathroom single family in Welland (Lincoln/Crowland) is available for your consideration. The home features laminate flooring, forced air, natural gas heating, central air conditioning, a unfinished, n/a basement.

MLS Remarks

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 and2-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. (id:60351)

Overview

Property Typeresidential
Sub-Typesingle family
StatusActive
MLS #X12645434

Interior

HeatingForced air, Natural gas
CoolingCentral air conditioning
FlooringLaminate
AppliancesAll
BasementUnfinished, N/A

Exterior

Exterior FeaturesAluminum siding

Parking

Total Spaces6

Fees & Taxes

Annual Taxes$2,186.8

Listing Information

MLS#: X12645434


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$99,960
5%20%50%
Estimated Monthly Payment
$2,222
/month
Mortgage
$399,840
Total Interest
$266,892

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$6,471
Total Due on Closing$6,471

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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51 Fourth Welland (Lincoln/Crowland) — $499,800 — Not A Dream Realty | Not A Dream Realty