For Sale

196 Ross Street, Welland, Ontario L3B 2N3

$699,900

196 Ross Street, Welland, Ontario L3B 2N3 is For Sale and has a listing price of 699,900. The property is located in the Rural Welland - Cooks Mills neighbourhood . It's been on the website for 1 Day.

  • Multiplex
    Property Type
  • 6
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12762846
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

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, boiler & roof shingles! 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 Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12762846
  • Price: $699,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 134
  • Ref ID: X12762846
  • Approx Sqft: 2000-2500
  • Dir / Cross St: East Main St & Niagara St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Multiplex
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
02/05/2026 X12762846 $699,900 For Sale - -
02/05/2026 X12762858 $699,900 For Sale - -
10/03/2025 X12443259 $699,900 For Sale 01/26/2026 -
11/28/2024 X11445633 $749,000 Cancelled 03/03/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Rural Welland - Cooks Mills
  • $1,427,591 Average List Price
    based on 1 year
  • 13 New Listings
    based on 30 days
  • 34 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.67 % Up
  • Sold (12mo) 30
  • Rented (12mo) 14

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    82.77%
  • Commercial
    12.69%
  • Condo
    3.61%
  • Land for Sale
    0.93%
Additional Details
  • Heat Type Radiant
  • Heat Source Other
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Vinyl Siding, Brick Veneer
  • Kitchen 4
  • Parking Y
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $3,993
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30/60 TBA
  • Listing Entry Date: 05/02/2026 18:42:07
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