179 Burgar Street, Welland, ON

$469,900
MLS#:X9417606
0 beds
0 baths
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable [] vacant land located in the coveted neighborhood of 768 - Welland Downtown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $469,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 50 x 152 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: None
  • equipped with [] central cooling

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.

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Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 11, 2024
Sold price information is available to members only
Listed Date10/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size50 × 152 Feet
CountyNiagara
Annual Tax$1,089
Legal DescriptionLOT 118 PL 573 ; WELLAND

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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179 Burgar Street, Welland, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for 768 Welland Downtown, Welland.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Ross
Public358 Niagara Street, Welland, Ontario, L3C 1K9
6.5
St Kevin
Public182 Aqueduct Street, Welland, Ontario, L3C 1C4
7.0
Fitch Street
Public164 Fitch Street, Welland, Ontario, L3C 4V5
8.1
Glendale
Public24 Farnham Avenue, Welland, Ontario, L3C 3R1
8.1
Holy Name
Public290 Fitch Street, Welland, Ontario, L3C 4W5
7.9

Secondary Schools

Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2
Centennial
Public240 Thorold Road, Welland, Ontario, L3C 3W2
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 179 Burgar Street, Welland, ON L3B 2T3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$375,920
Monthly Mortgage$2,184
Property Tax (Est.)$91
Utilities & Maint.$350
Total Monthly Cost$2,625

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Welland.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.