$1,099,000
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35 Ontario Road, Welland (lincoln/crowland), ON L3B5C1

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- Beds
0 Baths
8,000 Sq Ft

Investor/Builder/Contractor Alert: 8000 sqft Building priced below replacement cost and being sold "as is, where is."! 9.4% CAP Rate with $103, 000+ Net Income and Potential to boost income to $121, 000 with projected upto 11.05% CAP. Mixed-use investment opportunity offering immediate cash flow with clear value-add upside. The property currently generates $103, 000+ in net annual income. Building does need some improvements and rent adjustments to market levels, there is a realistic opportunity to increase net income to approximately $121, 000.This is a low-lift value-add opportunity with no major construction required, making it attractive for investors, builders, and contractors looking to enhance value through strategic improvements, stabilize income, and potentially refinance or hold for long-term cash flow.The property currently consists of 4 residential units and 3 commercial units within an approximately 8, 000 sq. ft. building, offering in-place income with clear value-add potential. Strategically located near major new developments, including a 300, 000+ sq. ft. manufacturing facility and newly built residential townhome communities, the asset benefits from continued area growth and demand. There is additional upside potential, including the possibility to add more units at the rear of the property, construct a third floor, and potentially convert the main floor into four residential apartments and one commercial unit. Concept drawings are available for reference. The information brochure is attached to the Listing. (id:58753)

Listing By: Robby Pruthi - COSMOPOLITAN REALTY cncrea2 Realty.com
  • MLS® X12868740
  • Date Listed03/10/2026
  • Days on Realty 90 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Mixed Use
  • Water Public
  • Square Feet 8,000 sq. ft
  • Price Per Sq. Ft $137.38

Interior Features

  • Cooling Partially air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Canal Bank St - Ontario Rd. ** Directions: From Thorold, take Highway 406 S toward Welland. Exit at East Main Street (Regional Rd 27) and turn left. Continue straight to Ontario Road, turn left, and you'll find 35 Ontario Rd on your right (across from the Linamar Giga Casting Factory).

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L3B5C1

Discover key demographics, population statistics, and environmental insights for the Welland (lincoln/crowland), ON area.

Walkability in ON / L3B5C1

Source: Walk Score

22/100

Car-Dependent

Walk Score ®

26/100

Some Transit

Transit Score ®

53/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 13/100, Bike Score: 37/100.

Points of Interest near 35 ONTARIO ROAD, Welland (Lincoln/Crowland), ON L3B5C1

Frequently Asked Questions for 35 ONTARIO ROAD

Source: Realty.com

35 ONTARIO ROAD, Welland (Lincoln/Crowland), ON L3B5C1 in Welland (Lincoln/Crowland), ON L3B5C1 is a mixed use listed at $1,099,000. Highlights include 8,000 sq. ft., $137 per sq. ft.. Realty.ca has 22 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 22 photos of 35 ONTARIO ROAD.

The full address for this home is 35 ONTARIO ROAD, Welland (Lincoln/Crowland), ON L3B5C1.

35 ONTARIO ROAD has been listed on Realty.com since Tue March 10, 2026

Almost all errands require a car. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 13/100, Bike Score: 37/100.

Listing provided courtesy of: COSMOPOLITAN REALTY
Listing agent: Robby Pruthi

This content last refreshed on 2026-06-08 09:37:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.