31
$375,000 Sale
Listed 11 days ago
422 WELLAND AVENUE
· 3
· 1.5
· 2
· 700 - 1100
Key Facts
Key facts for 422 WELLAND AVENUE
Property Type
House, Bungalow
Parking
Garage: No, 2 parking
MLS #
X14034482
Size
700 - 1100 sqft
Basement
Partially finished, N/A, N/A (Partially finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
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. The entire house can also be rented to AAA tenants. (id:10452)
Room Types
Bathroom
-
Measurements not available
0 sqft
Bedroom
-
Dimensions 2.99 m x 2.45 m
78.85 sqft
Bedroom
-
Dimensions 3.19 m x 2.46 m
84.47 sqft
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Listing courtesy of: HOMELIFE NEW WORLD REALTY INC.
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