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196 Ross Street
Welland
L3B 2N3
$699,900
Residential Income
beds: 6
baths: 4.0
2,220 sq. ft.
built: 1950
- Status:
- Pending
- Prop. Type:
- Residential Income
- MLS® Num:
- 40803252
- Bedrooms:
- 6
- Bathrooms:
- 4
- Year Built:
- 1950
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.
- Property Type:
- Residential Income
- Property SubType:
- Multi-4 Unit
- Year built:
- 1950 (Age: 76)
- Listing General Location:
- 768 - Welland Downtown, Welland
- Bedrooms:
- 6
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Details:
- 39.54 x 134
- Lot Depth:
- 134'
- Lot Frontage:
- 39'6½"
- Frontage Type:
- East
- Kitchens:
- 0
- County Or Parish:
- Niagara
- Taxes:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Construction:
- Other
- Basement:
- Separate Entrance, Full, Finished
- Roof:
- Asphalt Shing
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Total Floor Area:
- 2,220 sq. ft.
- Finished Area Above Grade:
- 2,220 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Coin Operated
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- Other
- Heating:
- Radiant
- Other,See Schedule C
- Dryer, Refrigerator, Stove, Washer
- None
- Other
- false
- No
- East Main St & Niagara St
- Unknown
- No
- HST Applicable To Sale Price:
- Included
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Road Access Fee:
- Signup
- Insurance Expense:
- $3,600
- Expenses:
- Estimated
- Laundry Income:
- $1,200
- Leases:
- Yes
- Zoning:
- G1, RM
- Lot Site Features:
- Rectangular, Other
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Parking:
- Assigned
- # Of Total Parking Spaces:
- 4.0
- # Of Open Parking Spaces:
- 4.0
- Driveway Parking:
- Outside/Surface/Open
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Num Occupied Units:
- 4
- Total Units:
- Signup
- Listed Date:
- Feb 05, 2026
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated March 1, 2026 at 01:50 PM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $674,950
- Min list price:
- $349,900
- Max list price:
- $999,900
- Avg days on market:
- 35
- Min days on market:
- 2
- Max days on market:
- 137
- Avg price per sq.ft.:
- $314.14
These statistics are generated based on the current listing's property type
and located in
Welland. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- GORDON KENTIE
- Coldwell Banker Advantage Real Estate, Brokerage
- 1 (905) 2466904
- Contact by Email
