Space
Finished area and layout
- Living Area
- 6,536 sqft
- Building Area
- 6,536 sqft
- Bedrooms
- 6
- Bathrooms
- 5
+15 more
6
Bedrooms
5
Bathrooms
6,536 sqft
Living Area
45.8 x 155 ft
Lot
5
Parking
Property Snapshot
Key details for this listing
MLS #X13667532
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
About This Property
This 6-bedroom, 5-bathroom multi-family in Welland offers 6,536 sqft of living area on a 45.8 x 155 ft lot. 2 storeys. The property has lot dimensions of Bldg=45.75 x 155 FT. The home features radiant heat heating, partially air conditioned. Highlights include a 5-car garage.
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
MLS#X13667532
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateAug 12, 2026
Days on Market74
Common InterestFreehold
Annual Tax$6,827 (2025)
Parking5 (5 garage)
Structure TypeMulti-Family
AttachedAttached
StyleMultiplex
Bedrooms6
Bathrooms5
Bedrooms Above Grade6
Living Area6,536 sqft
Stories2
CityWelland
Neighbourhood768 - Welland Downtown
ProvinceOntario
Postal CodeL3B2T4
Lot DimensionsBldg=45.75 x 155 FT
Frontage45.8 ft
Lot Depth155 ft
Zoning DetailsRL2
Total Parking5
Garage Spaces5
HeatingRadiant heat
CoolingPartially air conditioned
AppliancesWasher, Dryer
Water SourceMunicipal water
Annual Tax$6,827 (2025)
Business TypeApts - 2 To 5 Units
Corner of Hagar St and Burgar St.
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