15 Mccormick Street

Opportunity knocks at 15 Mccormick Street, Welland! This is a remarkable chance to acquire a Multi-Family Home for sale in Welland that caters to a variety of needs, whether you are a first-time buyer, an astute investor, or someone seeking a property that offers the potential for rental income. This legal duplex, situated in the desirable community of 769 - Prince Charles, is a true gem in the Niagara area.

As you approach the property at 15 Mccormick Street, Welland, you will immediately notice its charming exterior, which combines both brick and vinyl siding, giving it a classic yet contemporary appeal. The building is a two-storey multiplex, offering ample living space across its two units. With a total of seven rooms, including three bedrooms and two dens, this property is well-suited for families or individuals looking for additional space for work or leisure.

The main floor unit is particularly inviting, having been recently renovated with new flooring and two stunning bathrooms. This unit is currently vacant and ready for you to move in, making it an ideal choice for first-time buyers who wish to settle in without the hassle of immediate renovations. The kitchen, located on the main level, is functional and well-equipped, providing a perfect space for culinary creativity.

In addition to the main floor unit, the lower-level apartment is already rented to an excellent tenant, providing immediate cash flow from day one. This makes the Multi-Family Home for sale in Welland an attractive option for investors looking to enhance their property portfolio. The rental income from the lower unit can significantly offset mortgage payments, making this property not just a home, but a smart financial investment.

At 15 Mccormick Street, Welland, you will find that the property is equipped with central air conditioning, ensuring comfort throughout the warmer months. Although there is no family room or fireplace, the spacious layout allows for flexible use of the available rooms. The absence of a pool and central vacuum system means less maintenance, allowing you to focus on enjoying your new home.

The property features a full basement that houses the lower-level apartment, maximising the use of space. The lot measures 70 x 47 feet, providing a generous outdoor area for potential landscaping or recreational use. While there is no additional land included with the property, the existing space is ample for your needs.

Parking is made easy with a detached garage that accommodates two vehicles, alongside a driveway that offers additional parking space for guests. This convenience is a significant advantage in the bustling area of Welland, where off-street parking can often be a challenge.

Moreover, the property benefits from municipal water and sewer services, ensuring reliable utility access. With the age of the building ranging between 51 to 99 years, it carries a sense of history while still offering modern conveniences. The absence of any extra features allows for a straightforward living experience, free from unnecessary complications.

The potential of this Multi-Family Home for sale in Welland extends beyond its current offerings. The double detached garage comes with concept drawings for a future garden suite, unlocking even more possibilities for expansion or additional rental income. This feature is particularly appealing for those looking to maximise their investment.

In summary, 15 Mccormick Street, Welland, presents an exceptional opportunity to own a Multi-Family Home for sale in Welland that is both a comfortable residence and a sound investment. Whether you are looking to move in, rent out, or explore future development options, this property has the potential to meet your needs. Don’t miss out on this chance to secure a versatile and financially rewarding home in a thriving community.

Community 769 - Prince Charles, located in the city of Welland, offers a charming suburban atmosphere that appeals to families and individuals alike. This area is characterised by its well-maintained streets, green spaces, and a variety of amenities that cater to everyday needs. Residents can enjoy local parks, schools, and shopping facilities within a short distance, fostering a sense of convenience and accessibility. The community is known for its friendly neighbourhood vibe, where neighbours often greet each other and engage in local events. With its close-knit feel and welcoming environment, Community 769 - Prince Charles presents an inviting option for those looking to settle in a vibrant and supportive locale.

Schools in the Neighbourhood

This property is ideally situated near several reputable schools, making it an excellent choice for families. The closest educational institution is St. Kevin Catholic Elementary School, located just 0.3 km away, offering grades K to 8 with a commendable school rating of 7.2. Additionally, Ross Public School, another elementary option, is only 0.4 km from the property, providing English instruction for grades JK to 8 and a school rating of 6.1. For secondary education, Welland Centennial Secondary School is located 1.7 km away, also rated 6.1, while Notre Dame College School, a Catholic secondary school, is a mere 0.4 km from your doorstep, rated at 6.2. Princess Elizabeth Public School, offering French language instruction for grades 1 to 8, is 2.0 km away with a school rating of 7. These schools are part of the District School Board of Niagara and the Niagara Catholic District School Board, ensuring a variety of educational options. The proximity to these schools not only enhances the appeal of the property but also supports a vibrant community atmosphere, perfect for raising children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 488 residents, with an average household size of 2.2 individuals. The community is characterized by a relatively mature demographic, with an average age of 42.9 years. The average household income stands at $84,000, indicating a stable economic environment, while only 5.6% of the population falls below the low-income threshold. The average property price in the area is approximately $528,000, reflecting the demand for housing. Socially, 42.86% of residents are single, and 29.03% live in households with children, suggesting a mix of family structures. The area is also home to 12.77% immigrants, contributing to its cultural diversity. Renters make up 17.78% of the population, while there are no condos available in the vicinity. Education levels are notably high, with 61.25% of residents holding a college or university degree. However, a significant portion of the population, 44.3%, is not in the labor force, which may influence local economic dynamics. Overall, this community offers a blend of stability, diversity, and educational attainment, making it an appealing place for potential residents.