Space
Finished area and layout
- Square Feet
- 3,500-5,000 sqft
- Bedrooms
- 6
- Bathrooms
- 5
+15 more
6
Bedrooms
5
Bathrooms
3,500-5,000 sqft
Square Feet
0 sqft
Lot
8
Parking
Property Snapshot
Key details for this listing
MLS #X13667526
Property
Type, style and structure
- Type
- residential
- Style
- multiplex / Multiplex
- Structure
- 2-Storey
- Ownership
About This Property
This 6-bedroom, 5-bathroom multiplex in Welland offers 3,500-5,000 sqft of square feet on a 0 sqft lot. 2 storeys. The property has lot dimensions of 45.8 x 155 FT, zoned RL2. The home features wall unit(s), a full basement. Highlights include a none pool.
MLS Remarks
PHASE ONE ENVIRONMENTAL FULL REPORT AVAILABLE. (SUMMARY IN ATTACHMENTS) NO FURTHER INVESTIGATION REQUIRED SO GOOD TO GO FOR FINANCING!!! Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Now with a potential 8.00% cap rate if tenant leases the autoshop or woodshop for only $1500.00 a month, office and basement. Could also use rental income from residential units to have a free autoshop and make a very lucrative business. Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and was waterproofed from the inside fully by Wisecracks 2010, and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present. (id:60351)
Full Listing Details
Address192 Burgar Street, Welland, ON L3B 2T4
MLS#X13667526
Listing StatusActive
Property TypeResidential
Sub-TypeMultiplex
TransactionSale
List DateAug 12, 2026
Days on Market75
Common InterestFreehold
Annual Tax$6,827 (2025)
Parking8
Structure TypeOther
Style2-Storey
ConstructionBrick
Bedrooms6
Bathrooms5
Bedrooms Above Grade6
Square Feet3,500-5,000 sqft
Kitchens5
Stories2
CityWelland
ProvinceOn
Postal CodeL3B 2T4
Lot Size0 sqft
Lot Dimensions45.8 x 155 FT
Frontage45.9 feet
ZoningRL2
Zoning DetailsRL2
Total Parking8
CoolingWall Unit(s)
BasementFull
RoofMetal
FoundationConcrete Block
PoolNone
SewerSewer
Annual Tax$6,827 (2025)
Corner of Hagar St and Burgar St.
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