192 Burgar Street, Welland, ON L3B 2T4
PHASE ONE ENVIRONMENTAL FULL REPORT AVAILABLE. (SUMMARY IN ATTACHMENTS) NO FURTHER INVESTIGATION REQUIRED SO GOOD TO GO FOR FINANCING!!! Calling all savvy investors!! 5-Plex with ability to add more units or use the existing Autoshop with hoist!! Now with a potential 8.00% cap rate if tenant leases the Autoshop or woodshop for only $1500.00 a month, office and basement. Could also use rental income from residential units to have a free Autoshop and make a very lucrative business. 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. 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.
- MLS number
- X13667532
- Type
- Investment
- Status
- Active
- Bedrooms
- 6
- Bathrooms
- —
- Postal code
- L3B 2T4
- Photos
- 20
- Property tax
- $6,827 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Investment
- Class
- Commercial
- Community
- 768 - Welland Downtown
- Municipality
- Welland
- Cross street
- Corner of Hagar St and Burgar St.
- Zoning
- RL2
Inside
- Bedrooms
- 6
- Kitchens
- 0
Parking
- Garage
- Lane
- Driveway spaces
- 5
Land
- Lot
- 45.75 × 155 feet
- Shape
- Rectangular
Heating, cooling and services
- Heating
- Radiant
- Cooling
- Partial
- Water
- Municipal
- Sewer
- Sanitary+Storm Available
Listing
- MLS number
- X13667532
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-08-12
- Expires
- 2027-02-26
- Possession
- 2026-10-30
- Taxes
- $6,827 (2025)
- Board
- Niagara Association of REALTORS
Listing history
This address has been listed 3 times.
Where this property is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Plymouth Public School DSB Niagara | Elementary | 559 m | / 10 97% met the standard |
| Bronston Canadian Academy | Elementary and secondary | 697 m | Not reported |
| St Mary Catholic Elementary School Niagara CDSB | Elementary | 817 m | / 10 63% met the standard |
| Princess Elizabeth Public School DSB Niagara | Elementary | 892 m | / 10 74% met the standard |
| Sacred Heart Private School | Elementary | 936 m | Not reported |
| École élémentaire Franco-Niagara CS Viamonde | Elementary | 1.1 km | / 10 76% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 457 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35260260 — the few blocks around this address, home to 457 people. It describes the area, not this property.
Percentages are of the 260 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.