197 Edgar St

Welland, L3C 1T3
FOR SALE
$974,888
Terminated
$0
197 Edgar St, Welland
197 Edgar St
197 Edgar St
197 Edgar St
197 Edgar St
197 Edgar St
197 Edgar St
197 Edgar St
197 Edgar St
197 Edgar St
5 + 2
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
11 + 6
ROOMS
X7308532
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-18 2024-01-24 67 $974,888 - Terminated
2023-09-22 2023-11-17 57 $989,900 - Suspended
2022-05-04 2022-07-01 58 $575,000 $515,300 Sold
Property Description
Investors hunting for positive cash flow, look no further! 197 Edgar St. 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). 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 (each approx. 1,000 sq. ft in size) have updated modern kitchens with quartz countertops and stainless-steel appliances. Unit 1 is 2 Bed 1 Bath (4-piece), Unit 2 is 3 bed 1 bath (4-piece) and Unit 3 is 2 bed 2 Bath (4-piece). In-suite laundry, spacious bedrooms and ample living space with a ton of natural light top off the main features of the home. Updates include: 3 separate hydro meters, 3 water tanks, roof, soffits, facia & downspouts. With projected rents of $6K/month or $72K/year this one is cash flow positive. Don't miss out on this phenomenal property.
Property Details
Street
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
65' x 104'
Acreage
< .50
Fronting
West
Taxes
$4,165 (2023)
Basement
Apartment, Full
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain8.76' x 12.93'
LivingMain13.45' x 10.20'
DiningMain13.62' x 9.74'
BrMain13.75' x 13.06'
BrMain11.38' x 11.65'
KitchenMain10.89' x 13.39'
LivingMain12.96' x 13.42'
Br2nd11.58' x 14.24'
Br2nd9.28' x 9.32'
Br2nd13.91' x 13.71'
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