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192/194 Burgar Street, Welland, ON, L3B 2T4

MLS® # 40641553
Investment For Sale In Eastdale, Welland, Ontario
$999,850
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
192/194 Burgar Street, Welland, ON
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ACTIVE
192/194 Burgar Street, Welland, ON, L3B 2T4
$999,850

Property Information:

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.

Inclusions: Hot Water Tank Owned,Other,5 Stoves And 5 Fridges In As Is Condition.

Building Features:

  • Floor Space: 6536 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Full, Unfinished, Sump Pump
  • Construction Materials: Block
  • Cooling: None
  • Driveway Parking: Lane/Alley Parking
  • Floor Space (approx): 6536 Square Feet
  • Heating: Radiant
  • Laundry Features: Coin Operated
  • Lot Depth: 155 Feet
  • Lot Features: Rectangular, Public Transit
  • Lot Frontage: 45.75 Feet
  • Parking Features: Public
  • Roof: Metal
  • Security Features: Security System
  • Water Source: Municipal
  • Zoning: RL2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

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Location of 192/194 Burgar Street, Welland, ON, L3B 2T4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 192/194 Burgar Street , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 192/194 Burgar Street , experiences 11 significant 2-day storms per year, with about 326.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.6mm of precipitation per year.

Precipitation Per Storm

Past
326.4mm
2050
404.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 192/194 Burgar Street, Welland, ON, L3B 2T4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$71,538.90

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.49 %

High school certificate or equivalent

38.24 %

Apprenticeship trade certificate/diploma

8.43 %

College/non-university certificate

20.86 %

University Degree

7.99 %

Commuter

Travel To Work

By Car

88.74 %

By Public Transit

0.5 %

By Walking

6.6 %

By Bicycle

0.0 %

By Other Methods

4.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.98 %

Houses

58.02 %

Own Vs. Rent

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