74 Macoomb Drive, Welland, Ontario L3C 5T9 is For Sale and has a listing price of 899,900. The property is located in the Welland . It's been on the website for 7 Days.
Excellent investment opportunity in the City of Welland! This property currently generates $5,700/month in rental income from an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from Welland’s latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units Secure steady income now while unlocking significant future development potential in one of Niagara’s fastest-growing rental markets.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 09/16/2025 | X12406834 | $899,900 | For Sale | - | - |