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93 STATE STREET, Welland (Welland Downtown) — listed at $299,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Sold under Power of Sale - Excellent opportunity for investors, renovators, and developers in Downtown Welland. This detached two-storey brick home sits on a prominent corner lot and offers five bedrooms, two bathrooms, two kitchens, a finished basement, and a detached garage with access from Kent Street. Previously rented for $2,200 per month for the main portion and $1,050 per month for the basement, providing a combined rental income of $3,250 per month. The basement offers potential for an in-law suite or accessory unit, subject to municipal approvals. Vacant with immediate possession and within walking distance of downtown, schools, shopping, the farmers market, transit, and the Welland Canal. Motivated seller, offers welcome anytime! (id:60164)
What's the parking situation?+
This property includes 2 spaces — Detached Garage, Garage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is this a good starter home?+
At $299,900, this is priced in starter-home territory for Welland (Welland Downtown). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Is 93 STATE STREET a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
The listing describes the basement as: Full. Confirm the finishing status during a showing — it affects both livable space and resale value.
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