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Home ON St. Catharines - Niagara Welland Eastdale
192/194 BURGAR STREET
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192/194 BURGAR STREET $999,850
$999,850
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192/194 BURGAR STREET
Welland (768 - Welland Downtown), Ontario L3B2T4

MLS® Number: X9414435
6
Bedrooms
6
Bathrooms
6536
Square Feet

Listing 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. (36787381)

Location Description

Corner of Hagar St and Burgar St.

Property Summary

Property Type
Business
Square Footage
6536 sqft
Community Name
768 - Welland Downtown
Land Size
Unit=45.75 x 155 FT|under 1/2 acre
Annual Property Taxes
$6,308.31
Total Parking Spaces
5
Time on REALTOR.ca
71 days

Building

Bathrooms
Total
6
Interior Features
Appliances Included
Refrigerator, Stove
Basement Type
Full (Unfinished)
Building Features
Features
Laundry- Coin operated, Sump Pump
Foundation Type
Block
Fire Protection
Security system
Heating & Cooling
Heating Type
Radiant heat
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Concrete, Brick
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
5

Measurements

Square Footage
6536 sqft

Land

Lot Features
Frontage
45 ft ,9 in
Land Depth
155 ft
Other Property Information
Zoning Description
RL2
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
Jeff Collins