A rare opportunity to secure a nearly new freehold property with built-in cash flow in a growing Niagara market. Offering modern design and functional living, this three bedroom, three bathroom home features an open-concept layout, contemporary kitchen with stainless steel appliances, spacious primary retreat with ensuite, second-floor laundry, attached garage, and unfinished basement for future potential. Currently tenanted at $2,200/month, with AAA tenants willing to stay. Lease in place until May15th, providing immediate and stable rental income for investors. Ideally located near the scenic Welland Canal and everyday amenities, this property blends lifestyle appeal with strong investment value. Close driving distance to Niagara College (Welland Campus),Quick access to Highway 406, about minutes to Niagara Falls, Niagara Region wine country and tourism destinations. Minutes away from school, transit and shopping areas.
Address
89 Masters Street
List Price
$499,900
MLS® Status
New
Expiration Date
2026-08-23
Property Type
Residential Freehold
Type of Dwelling
Att/Row/Townhouse
Style of Home
2-Storey
Transaction Type
Sale
Area
Welland
Sub-Area
774 - Dain City
Region
Niagara
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
6
Bathrooms
3
Floor Area
1100-1500 Sq. Ft.
Lot Depth
223
Lot Size Units
Feet
Lot Width
1841
Occupant Type
Tenant
Cross Street
CANAL BANK/ FORKS/ EASTBRIDGE
Approx. Age
0 - 5 Years
MLS® Number
X12822394
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Basement Area
Unfinished
Postal Code
L3B 0N4
Posession Details
TBD
Parking
Private
Parking Places (Total)
2
Parking Spaces
1
Tax Amount
$1,156.00
Tax Year
2025
Site Influences
Other, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
Water Heater
Property Features
Other, Park, Public Transit, Rec./Commun.Centre, School
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Fireplace
Yes
Fireplace Features
Natural Gas
Foundation Details
Concrete
Garage
Yes
Garage Type
Attached
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PART OF BLOCK 164, PLAN 59M522, PART 4, 59R18064 SUBJECT TO AN EASEMENT IN FAVOUR OF PART LOT 23 & GORE CON 7
Security Features
Carbon Monoxide Detectors
Waterfront
No
Sewer
Sewer
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