74 MACOOMB DRIVE, Welland, Ontario
$899,900
- 9 Beds
- 2 Baths
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. (id:23309)
- Listing ID: X12406834
- Property Type: Single Family
Schedule a Tour
Schedule Private Tour
Karim Ellis would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Karim Ellis, who specializes in Welland real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Karim Ellis find a property to match your lifestyle.

Listing provided by HOMELIFE/DIAMONDS REALTY INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 74 MACOOMB DRIVE in Welland Ontario. It was last modified on September 16th, 2025. Contact Karim Ellis to schedule a viewing or to discover other Welland homes for sale.