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3 COLLEGE PARK DRIVE, Welland (N. Welland) — listed at $668,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Fantastic investment opportunity to own this spacious detached with 8 bedrooms! Turn-key income property in a prime location beside Niagara College. Oversized corner lot 55 x 126 ft with no rear neighbours. Bright and freshly painted throughout. Functional layout for multi-generational families, and renting out to students. There's separate units with total of approx 2900 sqft finished area. Fully tenanted with 4 bedrooms on the main floor, and additional 4 rooms in the lower unit with separate entrance. Both units have their own kitchen, full bath, and ensuite laundry. Double car garage and driveway. Huge backyard with large deck and shed. Central vac on the main floor. Located in high demand Welland neighbourhood close to all amenities, public transportation, shopping mall, groceries, restaurants, and more. Recent upgrades include lower unit kitchen 2024 and wide plank vinyl floors 2025. Furnace 2022 and A/C 2021. Roof 35yr shingles 2020 for the house and shed. Legal basement retrofit with city permit. Property is fire code compliant. Main panel 100 amp with additional 65 amp panel. Great tenants. Reasonably priced property management is available if needed. Please provide advance notice for viewings. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Ground level | 5.84 x 4.75 meters |
| Bedroom | Lower level | 5.08 x 3.048 meters |
| Kitchen | Ground level | 3.15 x 7.62 meters |
| Bedroom | Ground level | 3.937 x 3.3 meters |
| Bedroom 2 | Ground level | 3.3 x 4.191 meters |
| Bedroom 3 | Ground level | 3.657 x 2.54 meters |
| Bedroom 4 | Ground level | 3.175 x 4.191 meters |
| Kitchen | Lower level | 5.33 x 3.962 meters |
| Bedroom | Lower level | 3.556 x 3.3 meters |
| Bedroom | Lower level | 4.11 x 3.048 meters |
| Bedroom | Lower level | 4.191 x 3.556 meters |
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Welland (N. Welland) before counting on it.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,834, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 3 COLLEGE PARK DRIVE a good fit for a growing family?+
With 8 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
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.
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