422 Welland Avenue,St. Catharines, ON L2M 5T8
St. Catharines, ON L2M 5T8
Description
A fully renovated bungalow, R2-zoned, suited for owner-occupiers seeking rental offset or investors seeking a good ROI. ***With a separate entrance to the basement, and existing kitchen and bathroom rough-ins, the lower level can be converted at low cost into a self-contained 2-bedroom, 1-bath suite with its own bathroom and laundry. The main floor and basement, when rented separately, could possibly achieve a combined ROI potentially exceeding 8-10% resulting in an outstanding cash flow performance.***The driveway, with minor repositioning, can accommodate 4 vehicles; the backyard is fully fenced, offering generous space for outdoor activities.***Major 2025-2026 renovations: front and side doors, main-floor windows, eavestroughs and downspouts, exterior and main-floor paint, kitchen cabinets and flooring, stainless steel (interior) dishwasher and range hood, new bathroom, waterproofed basement walls with new laundry area flooring, and a new heat pump A/C. Low overall maintenance costs.***The property is conveniently located near shopping, dining, schools, a hospital, with easy access to the QEW and along public bus routes. This prime location benefits from strong rental demand and proximity to essential amenities, making it a solid long-term investment property.
Details
| MLS # | X13606558 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 27 |
| Listing Provided By | HOMELIFE NEW WORLD REALTY INC. | X13606558 013400 |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 0.11 |
Interior
| Interior Features | Primary Bedroom - Main Floor, Storage, Water Heater Owned |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Porch |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Concrete Block |
| Construction Materials | Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private, Tandem |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 2715.57 |
|---|---|
| Tax Legal Description | PT LT 4316-4317 CP PL 2 GRANTHAM AS IN RO132348; ST. CATHARINES |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2M 5T8 |
| Area | 445 Facer |
| Listing VS Median (in L2M 5T8) | |
Price: $399,900 low | high Med: $0 On site: 27 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2M 5T8 |
| Area | 445 Facer |
| Listing VS Median (in L2M 5T8) | |
Price: $399,900 low | high Med: $0 On site: 27 low | high Med: | |
