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Michael Tzakas

Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage Independently owned and operated. 685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6 Cell: 416-561-3911Office: 416-494-7653

$499,900
Available - For Sale
Listing ID: X13502570
59 Asher Street , Welland, L3B 4J2, Niagara


Attention investors and first-time home buyers! Don't miss this fantastic opportunity to own a solid, maintenance-free duplex in a desirable Welland neighbourhood. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers exceptional flexibility and income potential. The main floor unit features 2 bedrooms, a bright living room, kitchen, and a 4-piece bathroom, with the possibility of converting the living room into a third bedroom for added value. This unit also includes access to the unfinished basement, complete with laundry, a 100-amp electrical service, and plenty of storage space. The current main floor tenant is vacating as of August 1, 2026, providing an excellent opportunity for owner occupancy or to secure a new tenant at current market rents. The upper unit offers 2 bedrooms, a spacious eat-in kitchen, a 4-piece bathroom, and its own 100-amp sub-panel. The upper tenant is happy to stay, providing immediate rental income from day one. Separate Hydro Meters. Plumbing updated in 2024/2025. Conveniently located close to public transit, grocery stores, restaurants, schools, parks, and other everyday amenities, this is a turnkey investment opportunity with excellent long-term potential. Whether you're an experienced investor or taking your first step into homeownership, this duplex is one you won't want to miss!
Price $499,900
Taxes: $2140.11
Assessment Year: 2025
Occupancy: Tenant
Address: 59 Asher Street , Welland, L3B 4J2, Niagara
Directions/Cross Streets: E Main St and Division St
Rooms: 10
Rooms +: 1
Bedrooms: 4
Bedrooms +: 0
Family Room: F
Basement: Unfinished, Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Dining Ro 11.38 10.33
Room 2 Main Kitchen 11.38 7.74
Room 3 Main Living Ro 11.41 10.33
Room 4 Main Primary B 11.25 8.82
Room 5 Main Bedroom 2 10.66 9.41
Room 6 Main Bathroom 6.92 5.51 4 Pc Bath
Room 7 Second Kitchen 16.83 11.32 Eat-in Kitchen, Combined w/Living
Room 8 Second Bedroom 11.41 8.82
Room 9 Second Bedroom 2 9.09 8.23
Room 10 Second Bathroom 7.41 4.43 4 Pc Bath
Room 11 Basement Utility R 26.73 15.68 Combined w/Laundry, Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Duplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
Drive Parking Spaces: 2
Pool: None
Other Structures: Shed, Other
Approximatly Square Footage: 1500-2000
Property Features: Public Trans, School Bus Route
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Personal Picture
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
 
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At a Glance:
Type: Freehold - Duplex
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style: 2-Storey
Lot Size: x 90.30(Feet)
Approximate Age:
Tax: $2,140.11
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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