179 Burgar Street, Welland | Image 1

179 Burgar Street

Welland

  • Commercial

$549,900
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: NC, RL2

  • Age: No Data

  • Taxes: 1089

  • MLS®#: X8166890

  • Days on Site: 24 Days

  • Added: Mar 22, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROCK STAR REAL ESTATE INC.

The Ultimate BRRR Project. This Land is Approved to BUILD a 10-Unit Apartment Building. Modern & Efficient design boasting a potential 2500+ monthly CashFlow upon completion and lucrative net operating income (NOI) + 7 Parking spots. This turnkey project offers flexibility - build and sell for quick equity gains or hold for MASSIVE long-term cash flow. No market condition can dim its appeal. Inquire now for detailed floor plans and site elevations. Construction financing and exit CMHC financing is available. Priced to sell. You wont find a better deal for 10 units ready-to-build! Seller VTB available. Detailed financials and financing overview is available upon request.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Welland

  • Availability Date: Immediate

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Heat Type: None

  • Freestanding: Y

  • Water Supply: None

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Taxes: $1,089

  • Taxes Type: Annual

Land

  • Cross Street: Lincoln St.

  • Municipality District: Welland

  • Parcel Number: 641090193

  • Lot Depth: 152 Feet

  • Lot Frontage: 50 Feet

  • Zoning: NC, RL2

Commercial Specific

  • Total Area: 4300

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Very Walkable

  • Most errands can be accomplished on foot.
78 /100

Some Transit

  • Most errands require a car.
37 /100

Bikeable

  • Some errands can be accomplished on bike.
60 /100
JK-6

École élémentaire Champlain

Elementary: Public
1.19 km
JK-8

ÉÉC Saint-François-d'Assise

Elementary: Catholic
1.27 km
JK-8

St Mary Catholic Elementary School

Elementary: Catholic
0.83 km
JK-8

Plymouth Public School

Elementary: Public
0.57 km
JK-8

St Kevin Catholic Elementary School

Elementary: Catholic
1.60 km
JK-8

Princess Elizabeth Public School

Elementary: Public
0.94 km
9-12

École secondaire Confédération

Secondary: Public
1.57 km
9-12

Eastdale Secondary School

Secondary: Public
1.50 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
2.66 km
9-12

Centennial Secondary School

Secondary: Public
2.68 km
Pre-Grade 9-12

Lakeshore Catholic High School

Secondary: Catholic
10.18 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
1.43 km
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For Sale
3 months ago
$565,000
  • 3 bath
  • 0 bed

112 Dorothy Street, Welland, Ontario • L3B 3V9 • Welland