For Sale

18 RAINBOW Court, Welland, Ontario L3C6R3

$599,000

18 RAINBOW Court, Welland, Ontario L3C6R3 is For Sale and has a listing price of 599,000. The property is located in the Welland South neighbourhood. It's been on the website for 52 Days.

  • Single Family
    Property Type
  • Semi-detached
    Building Style
  • 5
    Bedrooms
  • 3
    Bathrooms
  • 6
    Parking Spaces
  • MLS ID: 40627753
  • Office Name RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Property Description

The opportunities are endless with this fully renovated 5-bedroom, 3-bathroom raised bungalow semi in the highly sought-after neighborhood of southwest Welland. This property is an investor’s dream, featuring two units that collectively earn $4,200 per month in rental income. The main space, offering 4 bedrooms and 2 bathrooms, will be vacant on October 1st, presenting a perfect opportunity for owner-occupiers or new tenants. The lower unit’s tenants, who pay $1,600 per month all-inclusive, desire to stay. No detail was missed in the updates (2022), making it an ideal home for various needs. Whether you’re looking to utilize the spacious main unit for yourself and have the rental income help pay the mortgage, or you need an in-law suite for multi-generational family living, this property has it all. Features include throughout: Luxury Vinyl Plank Flooring, Quartz Countertops, Two New Laundry Units, Two Sets of all Appliances Included. Brand New Furnace (2024). Low maintenance home, all tenants are AAA+ and have been a pleasure to rent to. This property is an amazing opportunity to expand your investment portfolio or have an excellent tenant help with the monthly payments. Don’t miss out on this incredible home in a prime location! (id:43137)

Property Details
  • Bedrooms: 5
  • MLS ID: 40627753
  • Bathrooms: 3
  • Price: $599,000
  • Transaction Types: For Sale
  • Ref ID: 27240934
  • Year Built: N/A
  • Building Type: House
  • Building Style: Semi-detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Semi-Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
08/01/2024 40627753 $599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Kitchen - Lower 14'0'' x 7'0''
Living room - Lower 10'0'' x 14'0''
Laundry room - Lower Measurements not available
3pc Bathroom - Lower Measurements not available
Bedroom - Lower 14'0'' x 10'0''
Laundry room - Lower 9'6'' x 6'0''
Full bathroom - Lower Measurements not available
Primary Bedroom - Lower 14'0'' x 13'0''
Bedroom - Main 10'0'' x 7'6''
Bedroom - Main 11'0'' x 11'0''
Bedroom - Main 16'0'' x 9'0''
3pc Bathroom - Main Measurements not available
Kitchen - Main 13'0'' x 19'0''
Living room - Main 13'6'' x 13'0''
Neighborhood Stats
Welland South
  • $687,184 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 11 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.97 % Up
  • Sold (12mo) 18
  • Rented (12mo) 2

  • 1 Month Change -7.2%
  • 3 Month Change -14.1%
  • 6 Month Change +12.8%
Walkscore
  • 25 Walk Score
    Car-Dependent
  • 24 Transit Score
    Minimal Transit
  • 45 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    64.16%
  • Commercial
    5.26%
  • Condo
    27.57%
  • Land for Sale
    3.01%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Style Raised Bungalow
  • Basement2 Full (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick, Vinyl Siding
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 6
  • Property Features In-law Suite
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 01/08/2024 00:00:00
  • Zoning Ur-14
  • Agent Name: LINDSAY ALLISON
  • Address Subdivision: 772 - Broadway
  • Last Updated: 13/09/2024 12:52:29
Open House Dates
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