1 day on Market

79 Burgar St, Welland, Ontario L3B 2S9

Townhouse
7
3
~2500-3000 sqft
$799,000
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Townhouse
7
3
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$293/sqft

Est. Mortgage$3,431/mo

Tax Amount (2024)$3,662/yr

Days On Market1 day


Description

Attention investors! This turnkey triplex in Welland offers exceptional income potential with market rents and minimal vacancy risk. The property features three large, well-maintained units, each with private entrances and separate hydro meters for tenant convenience. Unit 1: Spacious 2-bedroom unit, rented at $1,742.50/month + hydro. Unit 2: Large 3-bedroom unit, rented at $1,885.88/month + hydro. Unit 3: Cozy 2-bedroom unit in a detached coach house with a private garage, rented at $1,537.50/month + hydro & gas. Additional income from coin-operated laundry: $100/month. Features Include an excellent location close to schools, shopping, and transit. Ample parking. Separate hydro meters for all units. Updated interiors and well-maintained exterior. Coach house offers unique appeal with garage space. This property is a fantastic addition to any real estate portfolio with solid cash flow and future growth potential.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~2500-3000 SqFt
Lot Size5,063 SqFt(95 x 53.3)
Parking Spaces5
MLS ®NumberX11935687
Community NameMarket Square
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC., BROKERAGE

Features

Heating: Baseboard
Basement: Sep Entrance, Unfinished

Main Floor

Kitchen

4.38 x 3.56

Kitchen

3.27 x 3.11

Living

3.84 x 4.79

Br

3.93 x 4.01


Features

Lot size: 5,063 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property History

Jan 22, 2025
ListedActive
$799,000
1 day on market
history photo preview40
Listing by trreb®
Property listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE, Brokerage
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Population and Demographics

Overview

Total population 3374
Average household income $73,254

Age (%)

50 to 64
23%
20 to 34
21%
65 and plus
20%
0 to 19
19%
35 to 49
17%

Household composition (%)

Single person
48%
Single family
46%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
87%
French
7%
Others
3%
English and French
1%
Spanish
1%

House tenancy (%)

Renters
64%
Owners
36%

Schools and amenities

Estimated Budget