





24 Burgar Street
768 - Welland Downtown, Welland
$475,000
Prime Downtown Welland Mixed-Use Opportunity! Unlock the potential of 24 Burgar Street, a unique commercial property located in the heart of Downtown Welland. Zoned for **retail or office uses with residential unit(s) this property offers an excellent opportunity for an entrepreneur, investor, or owner-occupier looking to establish a business while benefiting from residential potential.The property is ideal for a buyer with vision who is looking for a renovation project and the opportunity to transform the space to suit their business and investment goals. Whether you envision a retail storefront, professional office, service-based business, or a mixed-use concept with residential accommodation, this property provides the flexibility and location to bring your ideas to life.Situated in a central downtown location, the property is close to local shops, restaurants, services, transit, and other amenities. Downtown Niagara Falls is approximately a 20-minute drive away, with St. Catharines, major highways, and other Niagara Region destinations also within easy reach.A compelling opportunity for investors and entrepreneurs seeking commercial space with residential potential in Downtown Welland. Bring your vision, creativity, and renovation plans and unlock the possibilities at 24 Burgar Street!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 5000 + sq. ft. |
| Property Tax | $10,446 |
| Lot Size | 91.88 ft x 165 ft |
| mls© Number | X13689242 |
| Listed By | RE/MAX WEST REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,431
- Property tax
- $871
- Heat allowance
- $150
- Housing costs
- $3,452 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$106,000
gross annual household income
- Payment at 4%
- $1,999 / mo
- Cash down
- $95,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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