8 Rainbow Court, Welland, ON Image 1

$599,900

Semi-Detached For Sale
MLS - #X12006799
3 days ago- By RE/MAX NIAGARA REALTY LTD, BROKERAGE

8 Rainbow Court, Welland, ON L3C 6R3

4 Bed
2 Bath
700-1100 Sqft.
None Garage

Property Description

Property type

Semi-Detached

Lot size

< .50

Style

Bungalow-Raised

Approx. Area

700-1100 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen3.07848 x 3.07848 mN/AMain
Dining Room3.2004 x 2.7432 mN/AMain
Living Room4.2672 x 3.81 mN/AMain
Bedroom4.605528 x 2.7432 mN/AMain

About 8 Rainbow Court

Welcome to 8 Rainbow, a meticulously maintained and thoughtfully designed 4-bedroom, 2-bathroom home, offering unparalleled flexibility for single families, multigenerational living, or investors. Located in a peaceful, family-friendly neighborhood in Welland, this property seamlessly blends comfort and convenience, providing easy access to essential amenities and transportation routes. This home features a main-level apartment and a newly renovated, legal lower-level apartment, making it an ideal option for those seeking to generate rental income or accommodate extended family. The main-level apartment includes a well-equipped kitchen, spacious living area, dining space, three bedrooms, and a full bathroom, providing a comfortable living environment. The lower-level apartment, renovated in early 2024, is a fully self-contained unit with its own kitchen, featuring new 2024 appliances and updated flooring throughout. It includes a cozy living area, one bedroom, and a full bathroom, all newly renovated, offering privacy, comfort, and versatility. Eligible for use as two separate rental units, this property presents a remarkable investment opportunity. Ideally located near the Welland River, Elmwood Park, and a variety of dining and recreational options, it offers abundant leisure activities for residents. Additionally, daily essentials are just moments away with grocery stores and shopping centers in close proximity. Whether you're looking for a forever home with added living space or a strategic investment opportunity, this property offers the best of both worlds. The main floor of this property has been leased on a month-to-month basis at a rate of $2,111.50. Don't miss out! Schedule your private showing today!

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Full, Apartment

Building size

--

Status

In-Active

Property sub type

Semi-Detached

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Full, Apartment
Cooling:Central Air
Heating:Forced Air
Parking Features:N/A
2
Similar Homes Found
$504,950
Average Price
18.8%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 8 Rainbow Court

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2291.21/ month
$479,920 Principal and Interest

Some information about this property - Rainbow Court

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