For Sale

192/194 BURGAR Street, Welland (768 - Welland Downtown), Ontario L3B2T4

$999,850

192/194 BURGAR Street, Welland (768 - Welland Downtown), Ontario L3B2T4 is For Sale and has a listing price of 999,850. The property is located in the neighbourhood. It's been on the website for 69 Days.

  • Business
    Property Type
  • 6
    Bedrooms
  • 6
    Bathrooms
  • 5
    Parking Spaces
  • MLS ID: X9414435
  • Office Name ROYAL LEPAGE NRC REALTY
Property Description

Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! 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. Room measurements for all units available upon request. 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:43137)

Property Details
  • Bedrooms: 6
  • MLS ID: X9414435
  • Bathrooms: 6
  • Price: $999,850
  • Transaction Types: For Sale
  • Ref ID: 27372946
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/05/2024 X9414435 $999,850 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Welland (768 - Welland Downtown)
  • $583,219 Average List Price
    based on 1 year
  • 8 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -20.5%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
  • 79 Walk Score
    Very Walkable
  • 36 Transit Score
    Some Transit
  • 52 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    52.17%
  • Commercial
    39.13%
  • Condo
    8.7%
Additional Details
  • Sewers Sanitary Sewer
  • Basement2 Full (unfinished)
  • Heating System Radiant Heat
  • Water Municipal Water
  • Exterior Brick, Concrete
  • Cooling System None
  • Total Parking Spaces: 5
  • Property Features Sump Pump, Laundry- Coin Operated
  • Fireplace False
  • Security Security System
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 05/09/2024 00:00:00
  • Zoning R1-g
  • Agent Name: Jeff Collins
  • Address Subdivision: 768 - Welland Downtown
  • Last Updated: 13/11/2024 03:50:16
Open House Dates
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