ON > Welland > 773 - Lincoln-Crowland
Welland, ON L3B 5C1,35 Ontario RD
Welland, ON L3B 5C1,35 Ontario RD
Welland, ON L3B 5C1,35 Ontario RD
Welland, ON L3B 5C1,35 Ontario RD
Welland, ON L3B 5C1,35 Ontario RD
Welland, ON L3B 5C1,35 Ontario RD
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 1,250,000
Est. payment | /mo

8,000 SqFt

Save
$ 1,250,000
Est. payment | /mo
Save

8,000 SqFt

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $156

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X12082610

Annual Tax Amount $8,000

Tax Year 2024

Property Sub-Type Store W Apt/Office

Property Description

Exceptional Investment Opportunity 8% CAP Rate with Room to Grow!Discover 35 Ontario Road, a fully leased, mixed-use gem offering strong cash flow and future upside. Perfectly positioned in central Welland, directly across from the soon-to-open Linamar Giga Casting Factory a 300,000 sq. ft. facility launching in February 2025 and bringing over 200 new jobs to the area. This solid investment currently yields an 8% CAP rate, with the potential to reach 9.4% through expansion or rental optimization. The property includes 4 self-contained residential units (3 two-bedroom, 1 three-bedroom) each with private entrances and separate hydro meters plus 2 street-level commercial spaces, one of which is owner-occupied, offering a fantastic opportunity for entrepreneurs looking to set up shop. Its high-traffic location is ideal for retail or a convenience store, with no direct competition nearby and a growing residential base. Nestled beside a new community of 100+ townhomes by Multani Homes and adjacent to a future 23-unit apartment development, this property sits at the center of Wellands booming growth. The deep 165 ft lot offers impressive development potential zoning allows up to 8 stories, with plans available for an additional 4 residential units. A newer roof (2017) and on-site parking for up to 20 vehicles make this a low-maintenance, turn-key asset. Minutes from the Welland Canal, transit, highways, and major projects like Empire Homes, this is an unbeatable opportunity for investors seeking both immediate returns and long-term appreciation. Information Brochure available in the Listing Attachments.

Location

Province ON

County Niagara

Community 773 - Lincoln/Crowland

Area Niagara

Zoning INSH, CC2

Interior

Cooling Partial

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 70.41

Lot Depth 165.0

Others

Security Features No

Listed by COSMOPOLITAN REALTY
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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