Welland, 772 - Broadway, L3C 6R3
$599,900
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE.
Welcome to 8 Rainbow, a meticulously maintained and thoughtfully designed 4-bedroom, 2-bathroom home, offering unparalleled flexibility for single families, multigenerational living, or investors. Located in a peaceful, family-friendly neighborhood in Welland, this property seamlessly blends comfort and convenience, providing easy access to essential amenities and transportation routes. This home features a main-level apartment and a newly renovated, legal lower-level apartment, making it an ideal option for those seeking to generate rental income or accommodate extended family. The main-level apartment includes a well-equipped kitchen, spacious living area, dining space, three bedrooms, and a full bathroom, providing a comfortable living environment. The lower-level apartment, renovated in early 2024, is a fully self-contained unit with its own kitchen, featuring new 2024 appliances and updated flooring throughout. It includes a cozy living area, one bedroom, and a full bathroom, all newly renovated, offering privacy, comfort, and versatility. Eligible for use as two separate rental units, this property presents a remarkable investment opportunity. Ideally located near the Welland River, Elmwood Park, and a variety of dining and recreational options, it offers abundant leisure activities for residents. Additionally, daily essentials are just moments away with grocery stores and shopping centers in close proximity. Whether you're looking for a forever home with added living space or a strategic investment opportunity, this property offers the best of both worlds. The main floor of this property has been leased on a month-to-month basis at a rate of $2,111.50. Don't miss out! Schedule your private showing today!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 1 time before. To view this property's sale price history please sign in or register: