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179 Burgar Street Welland, ON L3B 2T3
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Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $109
MLS Listing ID 40666130
Sold Date 11/06/24
Bedrooms 14
Abv Grd Liv Area 6,300
Originating Board Oakville
Annual Tax Amount $1,089
Property Description
The Ultimate BRRR & Small-Scale Land Development 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). This project offers flexible profits - Build and Sell for Wind-Fall Profits or Build & hold for MASSIVE long-term cash flow. Inquire now for detailed floor plans and site elevations. Easily Finance this project with CMHC MLI program to take advantage of this lucrative program. Priced to sell quickly. You wont find a better deal for 10 units ready-to-build! Seller VTB available. Detailed financials and financing overview is available upon request.
Location
Province ON
County Niagara
Area Welland
Zoning NC, RL2
Direction Lincoln Street to Burgar Street
Rooms
Basement Separate Entrance, Full, Finished
Kitchen 0
Interior
Interior Features None
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Laundry Other
Exterior
Roof Type Asphalt Shing
Lot Frontage 50.0
Lot Depth 152.0
Garage No
Building
Lot Description City Lot, Park, Public Transit, Schools
Faces Lincoln Street to Burgar Street
Story 2
Foundation Poured Concrete
Sewer Other
Water Other
Level or Stories 2
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 641090193
Ownership Freehold/None
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