<-- style PDP --> 196 Ross Street, Welland - Multiplex for sale for $699,900
  • sold

196 Ross Street

Welland, Ontario, L3B 2N3 - Welland Downtown

$699,900$000000

  • Neighbourhood

    Welland Downtown

  • Major Intersection

    East Main St & Niagara St

  • Listed Since: 254 day(s)

  • Last update: 228 day(s) ago

Overview

  • Property Type

    Multiplex, 2-Storey

  • Bedrooms

    5 + 1

  • Bathrooms

    4

  • Basement

    Finished

  • Kitchen

    3 + 1

  • Total Parking

    4

  • Lot Size

    39.54x134 (Feet)

  • Taxes

    $3,993.29 (2025)

  • Type

    Freehold

Property Description

Property description for 196 Ross Street, Welland

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 and, boiler! 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.

Listed by ROYAL LEPAGE SIGNATURE REALTY

  • MLS #

    X12762846

  • Sq. Ft

    2000-2500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick Veneer

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Unknown

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Radiant

  • A/C

    Other

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    5.99 x 3.89 ft Main level

  • Kitchen

    5.05 x 3.26 ft Main level

  • Br

    3.92 x 2.73 ft Main level

  • Br

    3.86 x 3.53 ft Main level

  • Br

    4.17 x 3.31 ft Main level

  • Living

    4.39 x 3.0 ft 2nd level

  • Kitchen

    4.52 x 4.39 ft 2nd level

  • Br

    4.52 x 4.39 ft 2nd level

  • Living

    4.39 x 3.0 ft 2nd level

  • Kitchen

    4.52 x 4.39 ft 2nd level

  • Br

    4.4 x 3.17 ft 2nd level

  • Living

    4.12 x 3.16 ft Bsmt level

  • Kitchen

    4.11 x 4.05 ft Bsmt level

  • Br

    3.87 x 3.17 ft Bsmt level

  • MLS #

    X12762846

  • Sq. Ft

    2000-2500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick Veneer

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Unknown

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Radiant

  • A/C

    Other

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    5.99 x 3.89 ft Main level

  • Kitchen

    5.05 x 3.26 ft Main level

  • Br

    3.92 x 2.73 ft Main level

  • Br

    3.86 x 3.53 ft Main level

  • Br

    4.17 x 3.31 ft Main level

  • Living

    4.39 x 3.0 ft 2nd level

  • Kitchen

    4.52 x 4.39 ft 2nd level

  • Br

    4.52 x 4.39 ft 2nd level

  • Living

    4.39 x 3.0 ft 2nd level

  • Kitchen

    4.52 x 4.39 ft 2nd level

  • Br

    4.4 x 3.17 ft 2nd level

  • Living

    4.12 x 3.16 ft Bsmt level

  • Kitchen

    4.11 x 4.05 ft Bsmt level

  • Br

    3.87 x 3.17 ft Bsmt level

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 196 Ross Street, Welland

This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2026-02-05
$684,168
---

Inventory Graph

10 9 8 7 6 5 4 3 2 1 0 10+ Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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