74 MACOOMB DRIVEWelland (N. Welland), ON L3C5T9
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$4,106Excellent investment opportunity in the City of Welland! This property currently generates $5,700/month in rental income from an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from Welland's latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units Secure steady income now while unlocking significant future development potential in one of Niagara's fastest-growing rental markets. (id:31684)
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
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