Welland, ON L3B 1T7,55 Mcalpine AVE S
Welland, ON L3B 1T7,55 Mcalpine AVE S
Welland, ON L3B 1T7,55 Mcalpine AVE S
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$4,299,999
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55 Mcalpine AVE S Welland, ON L3B 1T7

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X12301014

Annual Tax Amount $42,296

Tax Year 2024

Property Sub-Type Investment

Lot Depth 238.0

Lot Front 90.0

Property Description

Welcome to 55 McAlpine Ave. S., a well-constructed concrete building offering stability and durability. This property features 23 spacious units, including 8 one-bedroom and 15 two-bedroom apartments, situated in a quiet, desirable neighborhood. Conveniently located near all major retailers, downtown, and major highways, it provides excellent tenant appeal and accessibility. The building is equipped with an elevator for easy access, ample parking at the rear, and on-site laundry facilities for tenant convenience. Each unit has its own separate boiler and on-demand water system, ensuring efficient and reliable service. This property presents a fantastic opportunity for investors seeking a low-maintenance, income-generating asset in a sought-after location.

Location

Province ON

County Niagara

Community 773 - Lincoln/Crowland

Area Niagara

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 90.0

Lot Depth 238.0

Others

Security Features No


Listed by RE/MAX REALTY SPECIALISTS INC.

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agent

Mitra Nobakht-Eivaly

Real Estate Sales Representatives

+1(416) 832-9292

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55 Mcalpine AVE S