158 Hagar Street
773 - Lincoln/Crowland, Welland, L3B 4J8
FOR SALE
$899,900
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11
BEDROOMS6
BATHROOMS6
KITCHENS22
ROOMSX13076802
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Property Description
Purpose-built 6-unit apartment building offering a solid investment opportunity with a desirable unit mix of five spacious 2-bedroom units and one 1-bedroom unit. This property features ample on-site parking for tenants and guests, along with four units enjoying south-facing balconies that provide excellent natural light and added tenant appeal. Rents and expenses are approximate, presenting an opportunity for buyers to further optimize income over time. The building is ideally located in close proximity to a wide range of amenities including shopping, transit, and services, with convenient access to the highway-making it attractive for both tenants and investors alike.
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Property Features
Level, Public Transit, Park, School, Other
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Property Details
Address
158 Hagar Street
Community
City
Postal Code
L3B 4J8
Property Type
Multiplex, Multiplex
Zoning
RM
Lot Size
70' x 102'
Taxes
$7,207 (2025
Basement
Full
Heat Type
Radiant
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Coldwell Banker Advantage Real Estate Inc, Brokerage
Rare chance to acquire a fully occupied 6-plex in Welland positioned in an area with strong future upside driven by nearby development and ongoing growth. The property includes five 2-bedroom units and 1 3 bedroom, new heat pumps (2024), coin laundry, a large yard, plenty of parking. Three units have already been renovated, creating a strong foundation for increased revenue and further value-add potential. Well maintained and located in a quiet neighbourhood near amenities, this is a turnkey multifamily asset with stable income today and room for tomorrow's upside.
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