Home with brick exterior material for 192/194 Burgar St, Welland Ontario L3B 2T4
111 days on Market

192/194 Burgar St, Welland, Ontario L3B 2T4

Townhouse
-
6
~6536 sqft
$999,850
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Townhouse
-
6
~6536 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$152/sqft

Est. Mortgage$4,294/mo

Tax Amount (2024)$6,308/yr

Days On Market111 days


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.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~6536 SqFt
Lot Size7,091 SqFt(155 x 45.75)
Parking Spaces5
MLS ®Number40641553
Community NameEastdale
Data SourceITSO
Listing byROYAL LEPAGE NRC REALTY

Features

Heating: Radiant
Basement: Full, Unfinished, Sump Pump

Features

Lot size: 7,091 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by ROYAL LEPAGE NRC REALTY, Brokerage
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Population and Demographics

Overview

Total population 1849
Average household income $82,698

Age (%)

65 and plus
24%
50 to 64
22%
20 to 34
20%
0 to 19
18%
35 to 49
17%

Household composition (%)

Single family
55%
Single person
41%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
76%
French
14%
Italian
3%
English and French
3%
Others
2%
Spanish
1%

House tenancy (%)

Owners
57%
Renters
43%

Schools and amenities

Estimated Budget