179 Burgar St
Welland, L3B 2T3
FOR SALE
$549,900
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Property Description
The Ultimate BRRR Project. This Land is Approved to BUILD a 10-Unit Apartment Building. Modern & Efficient design boasting a potential 2500+ monthly CashFlow upon completion and lucrative net operating income (NOI) + 7 Parking spots. This turnkey project offers flexibility - build and sell for quick equity gains or hold for MASSIVE long-term cash flow. No market condition can dim its appeal. Inquire now for detailed floor plans and site elevations. Construction financing and exit CMHC financing is available. Priced to sell. You wont find a better deal for 10 units ready-to-build! Seller VTB available. Detailed financials and financing overview is available upon request.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-21 | 2024-02-14 | 24 | $599,900 | - | Terminated |
| 2024-01-21 | 2024-01-28 | 9 | $599,900 | - | Suspended |
| 2022-09-26 | 2022-10-01 | 5 | $124,900 | $124,900 | Sold |
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Property Details
Street
City
Property Type
Vacant Land
Lot Size
50' x 152'
Acreage
< .50
Fronting
West
Taxes
$1,089 (2023)
Heat Type
None
Air Conditioning
None
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Listing contracted with Rock Star Real Estate Inc.
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