• Mobile: 416-473-8225
  • Office: 416-473-8225

$698,999
Available - For Sale
Listing ID: X12170860
81 Grove Stre , Welland, L3B 4B3, Niagara


Amazing rare opportunity for significant long term returns. This semi-detach home is a prime investment opportunity featuring 2self-contained units, each equipped with separate hydro meters. Built in 2022, the house comprises a spacious main unit with 4-bedrooms, 2.5washrooms and 2 bedrooms, 1 full washroom basement apartment. Separate laundry for each unit. Located close to highway access, yet nestled in a quiet, established neighbourhood, this property provides the perfect balance for Owners and tenants. Investors can capitalize on the high rental demand and secure a steady income stream, making this an exceptional addition to any investment portfolio. Note: Open Concept Main Floor Living & Dining Rooms, Large Eat-In Kitchen. Separate furnace and Air conditioners
Price $698,999
Taxes: $4763.00
Occupancy: Owner+T
Address: 81 Grove Stre , Welland, L3B 4B3, Niagara
Directions/Cross Streets: Burgar St /Division St
Rooms: 8
Rooms +: 5
Bedrooms: 4
Bedrooms +: 2
Family Room: T
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Family Ro 20.01 19.02 Laminate
Room 2 Main Powder Ro 7.97 3.02 Ceramic Floor
Room 3 Second Primary B 16.99 8.99 Laminate
Room 4 Second Bedroom 16.99 8.99 Laminate
Room 5 Second Bedroom 16.99 8.99 Laminate
Room 6 Second Bedroom 16.99 8.99 Laminate
Room 7 Second Bathroom 10.99 4.99 Ceramic Floor
Room 8 Second Bathroom 10.99 4.99 Ceramic Floor
Room 9 Basement Living Ro 17.97 8.69 Laminate
Room 10 Basement Bedroom 10.99 8.99 Laminate
Room 11 Basement Bedroom 10.99 8.99 Laminate
Room 12 Basement Bathroom 10.99 4.99 Ceramic Floor
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 2 Ground
Washroom Type 3 4 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 0-5
Property Type: Semi-Detached
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: Attached
(Parking/)Drive: Available
Drive Parking Spaces: 1
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Age: 0-5
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Schools

3 public & 4 Catholic schools serve this home. Of these, 7 have catchments. There is 1 private school nearby.

Parks & Rec

3 trails, 1 ball diamond and 2 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 2 min walk away.

Click here to see virtual Tour
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $34,949.95 $69,899.9 $104,849.85 $139,799.8
First Mortgage $664,049.05 $629,099.1 $594,149.15 $559,199.2
CMHC/GE $26,561.96 $19,502.07 $16,636.18 $0
Total Financing $690,611.01 $648,601.17 $610,785.33 $559,199.2
Monthly P&I $3,408.04 $3,200.73 $3,014.12 $2,759.55
Expenses $0 $0 $0 $0
Total Payment $3,408.04 $3,200.73 $3,014.12 $2,759.55
Income Required $127,801.52 $120,027.36 $113,029.32 $103,483.01

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$1,724.72
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX GOLD REALTY INC.
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Ali Shahpazir
Sales Representative
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At a Glance:
Type: Freehold - Semi-Detached
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style: 2-Storey
Lot Size: x 96.98(Feet)
Approximate Age: 0-5
Tax: $4,763
Maintenance Fee: $0
Beds: 4+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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