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18 Rainbow Ct

Rainbow CtWelland SouthWellandON, L3C 6R4

5
Beds
3
Baths
2,220
Sq. Ft.
$625,000
List Price
18 Rainbow Ct, Welland, ON - 1 of 3
18 Rainbow Ct, Welland, ON - 2 of 3
18 Rainbow Ct, Welland, ON - 3 of 3
49 days on market

Quick Summary

  • Fully renovated 5-bedroom, 3-bathroom raised bungalow
  • Dual-unit investment property with $4,200 monthly rent
  • Main unit with 4 bedrooms and 2 bathrooms available
  • Lower unit with $1,600 all-inclusive monthly rent
  • Luxury vinyl plank flooring and quartz countertops
  • Two new laundry units and two sets of appliances
  • Brand new furnace installed in 2024
  • Low maintenance with AAA+ quality tenants

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... Show More

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:54626)

Property Details

Size

2,220 sq. ft.
14 total rooms across 1 floor
5 Beds
3 Above Grade - 2 Below Grade
3 Baths
3 Full

Parking

6 Parking Spaces
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick, Vinyl siding
Foundation
Poured Concrete
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

Kitchen

7′0″ x 14′0″

Living room

14′0″ x 10′0″

Laundry room

Laundry

3pc Bathroom

Bathroom

Bedroom

10′0″ x 14′0″

Laundry room

6′0″ x 9′6″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40627753
Last Updated
August 1, 2024
Brokerage
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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