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:62616)
Property Details
| MLS® Number | 40803252 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Features | Laundry- Coin Operated |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1950 |
| Exterior Finish | Other |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,220 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Open |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 134 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | G1, Rm |
https://www.realtor.ca/real-estate/29329355/196-ross-street-welland
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February 05 2026 06:59:45
REALTORS® Association of Hamilton-Burlington
Royal LePage Signature Realty