Guelph Real Estate
Guelph Real Estate
Guelph Real Estate
197 Edgar Street Welland, Ontario L3C 1T3
$974,888
Investors on the hunt for positive cash flow, look no further! Welcome to 197 Edgar St. This turnkey legal 3-unit home (aka triplex) is waiting for a savvy investor or homeowner looking for a mortgage helper (live in one unit and rent out the other two). The almost 2,000 sq ft. house is located in one of the top neighbourhoods in Welland, close to Chippewa Park, skating ponds, splash pads, Niagara College and lots of other amenities. All units contain updated modern kitchens with quartz countertops and stainless-steel appliances. Unit 1 is a 2 Bed 1 Bath (4-piece), Unit 2 is a 3 bed 1 bath (4-piece) and Unit 3 is a 2 bed 2 Bath (4-piece). All units are approximately 1,000 sq. ft in size. In-suite laundry, spacious bedrooms and ample living space with a ton of natural light top off the main features of the home. Other updates include: 3 separate hydro meters, 3 water tanks, roof, most windows, soffits, facia & downspouts. With projected gross rents of $6,000/month or $72,000/year this one is cash flow positive. Don’t miss out on this phenomenal property. Zoning verification proving 3 legal units can be provided upon request. (id:40008)
Property Details
| MLS® Number | 40514680 |
| Property Type | Single Family |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools |
| Community Features | School Bus |
| Parking Space Total | 5 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 7 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2069 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 104 Ft |
| Size Frontage | 65 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rl1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | 13'9'' x 13'11'' | ||
| Second Level | Bedroom | 9'4'' x 9'4'' | ||
| Second Level | Bedroom | 14'3'' x 11'7'' | ||
| Basement | Utility Room | 9'1'' x 7'5'' | ||
| Basement | Bedroom | 13'1'' x 11'2'' | ||
| Basement | Bedroom | 9'0'' x 9'7'' | ||
| Basement | 4pc Bathroom | Measurements not available | ||
| Basement | 4pc Bathroom | Measurements not available | ||
| Basement | Living Room | 15'0'' x 19'10'' | ||
| Basement | Kitchen | 11'5'' x 14'0'' | ||
| Main Level | Living Room | 13'5'' x 12'11'' | ||
| Main Level | Kitchen | 13'4'' x 10'11'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 13'1'' x 11'5'' | ||
| Main Level | Bedroom | 11'8'' x 11'4'' | ||
| Main Level | Dining Room | 9'9'' x 13'8'' | ||
| Main Level | Living Room | 10'2'' x 13'5'' | ||
| Main Level | Kitchen | 12'11'' x 8'9'' |
https://www.realtor.ca/real-estate/26293145/197-edgar-street-welland
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November 18 2023 05:14:08
Oakville, Milton & District Real Estate Board
Rock Star Real Estate Inc., Brokerage