196 Ross Street Welland, Ontario L3B 2N3
$699,900
Welcome To An Excellent Investment Opportunity In The Heart Of Welland! This Solid Fourplex Is A Rare Find For Savvy Investors Looking To Add A Multi-Unit Property To Their Portfolio. Over +$72k in annual income, cashflow machine! Featuring Separate Hydro Meters For Each Unit Plus A House Meter, This Property Offers Added Convenience And Long-Term Cost Efficiency. This Multi-Unit Property Is Zoned Residential Medium Density (RM), Allowing For Excellent Flexibility And Future Potential. Mechanically updated w/ breaker panel, vinyl windows, boiler & roof shingles! Ideally Located On Ross Street In A Mature, Central Neighbourhood, This Property Is Close To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Minutes To Downtown Welland, The Welland Canal, Niagara College, And Easy Access To Major Roads Connecting You To Niagara Falls, St. Catharines, And Hwy 406. With Strong Rental Demand In The Area And A Growing Community, This Fourplex Presents An Excellent Opportunity For Steady Cash Flow And Future Appreciation. A Smart Addition To Any Investment Portfolio In One Of Niagara's Up And-Coming Markets. (id:47351)
Property Details
| MLS® Number | X12762846 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Exterior Finish | Brick Veneer, Vinyl Siding |
| Foundation Type | Unknown |
| Heating Fuel | Other |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 134 Ft |
| Size Frontage | 39 Ft ,6 In |
| Size Irregular | 39.5 X 134 Ft |
| Size Total Text | 39.5 X 134 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 4.4 m | 3.17 m | 4.4 m x 3.17 m |
| Second Level | Living Room | 4.39 m | 3 m | 4.39 m x 3 m |
| Second Level | Kitchen | 4.52 m | 4.39 m | 4.52 m x 4.39 m |
| Second Level | Bedroom | 4.52 m | 4.39 m | 4.52 m x 4.39 m |
| Second Level | Living Room | 4.39 m | 3 m | 4.39 m x 3 m |
| Second Level | Kitchen | 4.52 m | 4.39 m | 4.52 m x 4.39 m |
| Basement | Living Room | 4.12 m | 3.16 m | 4.12 m x 3.16 m |
| Basement | Kitchen | 4.11 m | 4.05 m | 4.11 m x 4.05 m |
| Basement | Bedroom | 3.87 m | 3.17 m | 3.87 m x 3.17 m |
| Main Level | Living Room | 5.99 m | 3.89 m | 5.99 m x 3.89 m |
| Main Level | Kitchen | 5.05 m | 3.26 m | 5.05 m x 3.26 m |
| Main Level | Bedroom | 3.92 m | 2.73 m | 3.92 m x 2.73 m |
| Main Level | Bedroom | 3.86 m | 3.53 m | 3.86 m x 3.53 m |
| Main Level | Bedroom | 4.17 m | 3.31 m | 4.17 m x 3.31 m |
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February 06 2026 12:16:36
Toronto Regional Real Estate Board
Royal LePage Signature Realty