192 Burgar Street
Welland, ON
- 6 bed
- 5 bath
- approx. 3500-5000 sqft
- Multiplex
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.
Listing Details
- Taxes (2025)
- $6,827
- Listed
- August 12, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick
- Roof
- Metal
- Foundation
- Concrete Block
- Interior
- Sump Pump
- Lot Size
- 45.75 x 155 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Corner of Hagar St and Burgar St.
- Zoning
- RL2
- Parcel Number
- 641100002
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 5 Stoves, 5 Fridges in as is condition. Coin-Operated Washer and Dryer.
Schools
Elementary
- Plymouth Public School0.6 km
Public · DSB Niagara · 460 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 100% met the provincial standard
- St Mary Catholic Elementary School0.8 km
Catholic · Niagara CDSB · 205 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Princess Elizabeth Public School0.9 km
Public · DSB Niagara · 465 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 48% met the provincial standard
Secondary
- Notre Dame College School1.4 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% met the provincial standard
- Eastdale Secondary School1.5 km
Public · DSB Niagara · 455 students
Grade 10 literacy: 92% met the provincial standard
- École secondaire Franco-Niagara1.5 km
French public · CS Viamonde · 120 students
Grade 10 literacy: 100% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3B
- Population
- 25,869
- Private dwellings
- 11,617
- Median age
- 43.2
- Average household size
- 2.3
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Welland · last 12 months
- Median sold price
- $531,250
- Homes sold
- 742
- Median days on market
- 33
- Sale-to-list price
- 96.2%
Based on 742 recorded sales of residential freehold properties in Welland over the last 12 months.
Listed by
ROYAL LEPAGE NRC REALTY
Walk Score
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Location
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Mortgage Calculator
$159,970
Estimated Monthly Payment
$3,929
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $3,929/mo (20% down, 5.5%)
Taxes: $569/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?