$399,900
422 Welland Avenue, St. Catharines, ON L2M 5T8
3 beds2 baths2 parking 700-1100 ft²
Key facts
- MLS®
- X13606558
- Status
- New
- Type
- Detached
- Taxes
- $2,716
- Size
- 700-1100 ft²
- Parking
- 2 total
- Listed
- 2026-07-26
- Brokerage
- HOMELIFE NEW WORLD REALTY INC.
- Cross street
- Welland Ave & Grantham Ave
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.