54 Patterson Avenue Sold 2 days ago

Welland, L3B 2C4

$549,900$000000

Description

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE.

Introducing a fantastic investment opportunity! This raised bungalow comes with permits for renovations, primed for conversion into an income-generating duplex. With drawings already finalized, the new owner can oversee the completion of renovations to their taste. The upper unit is designed to feature a spacious 3-bedroom, 2-bathroom apartment with a projected rent of $2,350 per month. Meanwhile, the lower unit offers a cozy 2-bedroom, 1-bathroom layout, with a projected rent of $1,700 per month. Don't miss out on this chance to maximize your investment potential!

Location

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  • Address: 54 Patterson Avenue
  • Neighborhood:
  • City: Welland
  • State: Ontario
  • Postal Code: L3B 2C4

Property Details

  • Property ID: X8392540
  • Property Price: $549,900
  • Style: Duplex, Bungalow-Raised
  • Rooms: 9+7
  • Bedrooms: 3+2
  • Bath: 4
  • Garages Spaces: 1
  • Garage: Attached
  • Parking Spaces: 5
  • Year Built: 16-30
  • Basement: Part Fin, Sep Entrance
  • Den: N
  • Exterior: Alum Siding, Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $3,734.29 (2024)
  • Lot: 132.50x51.10 (Feet)

Room details and dimensions

Statistics for similar Duplex homes in

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.

Average days on market for similar Duplex homes in

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.

Number of transactions for similar Duplex homes in

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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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