34 PRESTON Place

Welcome to your next investment opportunity: a splendid Multi-Family Home for sale in Welland , located at 34 Preston Place, Welland. This legal duplex is perfectly situated in the desirable area of 767 - N. Welland, offering a fantastic blend of convenience and comfort. With no rear neighbours, you’ll enjoy a sense of privacy while still being close to all the amenities that Welland has to offer.

As you approach 34 Preston Place, Welland, you'll notice the charming exterior, featuring a combination of aluminium siding and brick, giving it a modern yet classic appeal. The property boasts a generous lot size of 65 X 149 feet, providing ample outdoor space for both units. This Multi-Family Home for sale in Welland is designed for functionality and comfort, making it an ideal choice for both investors and families alike.

Inside, the property is well laid out with a total of six rooms, including three spacious bedrooms on the main floor. The open concept design is perfect for entertaining, and the kitchen is equipped with everything you need for family meals or hosting guests. The main floor also features a full bathroom and its own laundry facilities, ensuring convenience for the tenants. The upper unit enjoys exclusive access to the attached garage, a rare find in this area, making it even more appealing.

The lower level of this Multi-Family Home for sale in Welland is equally impressive, featuring two bedrooms and two full bathrooms. Large windows flood the space with natural light, creating a warm and inviting atmosphere. Additionally, there is a sizeable den that can be utilised as a home office, guest room, or study space, providing flexibility to meet your needs. Both units come with their own ensuite laundry and assigned parking spaces, making this property a practical choice for tenants.

Parking will never be an issue at 34 Preston Place, Welland, as there is a private double driveway that can accommodate up to four vehicles. This is particularly advantageous for families or tenants with multiple cars. Although the property does not feature a pool or a fireplace, the spacious shared backyard offers plenty of room for outdoor activities and relaxation, making it a great space for gatherings or simply enjoying the fresh air.

The property is equipped with central air conditioning, ensuring a comfortable environment during the warmer months. The heating system is forced air, providing efficient warmth throughout the home. The sewer and municipal water services are also a plus, adding to the convenience of living in this Multi-Family Home for sale in Welland.

One of the standout features of this property is its prime location. 34 Preston Place, Welland, is within walking distance to Niagara College, making it an attractive option for students and staff alike. The surrounding area is rich in amenities, including shops, schools, and public transportation, ensuring that everything you need is just a stone's throw away.

This Multi-Family Home for sale in Welland is not just a property; it’s an opportunity to invest in one of the most sought-after areas of Welland. With great tenants currently on the main floor (the lower unit is vacant), you have the potential for immediate rental income. The main floor is on a month-to-month lease, providing flexibility for future plans.

Don't miss out on the chance to own this beautiful property at 34 Preston Place, Welland. With a roof that was replaced in 2017 and a furnace and AC unit updated in 2016, this home is ready for its new owner. Whether you're looking to invest or find a family home, this Multi-Family Home for sale in Welland is a fantastic option that combines space, comfort, and a prime location.

Community 767 in North Welland is a charming and tranquil neighbourhood that offers a blend of suburban comfort and natural beauty. Nestled amidst lush greenery and well-maintained parks, it boasts a friendly atmosphere, making it an inviting place for families and individuals alike. The area features a mix of residential homes, local shops, and convenient amenities, ensuring that all your daily needs are within easy reach. With its close proximity to the scenic Welland River and various recreational opportunities, Community 767 is perfect for those who appreciate outdoor activities and a relaxed lifestyle, all while being just a short drive from the bustling heart of Welland.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest educational institution is Alexander Kuska Catholic Elementary School, just 0.7 km away, offering French language instruction for grades K to 8, with a school rating of 5.4. Welland Centennial Secondary School, located 0.8 km from the property, serves grades 9 to 12 and has a rating of 6.1. For younger students, Glendale Public School (1.1 km away) and Gordon Public School (1.2 km away) provide English and French language options for grades JK to 8, with ratings of 6.7 and 6.5, respectively. Additionally, Holy Name Catholic Elementary School is 1.9 km away, offering grades K to 8 with a rating of 6.0, while Notre Dame College School, situated 2.1 km away, serves grades 9 to 12 and has a rating of 6.2. All these schools are part of the District School Board of Niagara or the Niagara Catholic District School Board, ensuring a solid educational foundation for children in the area. This diverse selection of schools caters to various educational preferences, enhancing the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 502 residents, with an average household size of 2.7 individuals. The demographic profile indicates a mature community, with an average age of 44.4 years. The economic landscape is relatively robust, as evidenced by an average household income of $95,000, with only 6% of the population classified as low-income. The average property price in the area stands at $520,000, reflecting a stable real estate market. A notable 42.05% of residents are single, while 37.5% of households include children, suggesting a mix of family-oriented and single-person households. The community is diverse, with 13.68% of residents being immigrants, and a significant 54.55% holding a college or university education, indicating a well-educated populace. Additionally, only 11.11% of residents are renters, and there are no condominiums in the area, which may appeal to those looking for a more traditional housing environment. However, it is worth noting that 35.06% of the population is not actively participating in the labor force, which could reflect various factors such as retirement or other commitments. Overall, this area presents a balanced demographic with a blend of stability and diversity.