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158 Hagar Street
773 - Lincoln/Crowland Welland L3B 4J8

$899,900 /For Sale
Commercial

Main Photo: 158 Hagar Street in Welland: 773 - Lincoln/Crowland Commercial for sale : MLS®# X13076786
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13076786
Bus Major:
Apts - 6 To 12 Units
Purpose-built 6-unit apartment building offering a solid investment opportunity with a desirable unit mix of five spacious 2-bedroom units and one 1-bedroom unit. This property features ample on-site parking for tenants and guests, along with four units enjoying south-facing balconies that provide excellent natural light and added tenant appeal. Rents and expenses are approximate, presenting an opportunity for buyers to further optimize income over time. The building is ideally located in close proximity to a wide range of amenities including shopping, transit, and services, with convenient access to the highway-making it attractive for both tenants and investors alike.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
4500 sq. ft. Square Feet
Total Area:
4,500 sq. ft.
Lot Depth:
102'
Lot Frontage:
70'
Bathrooms:
6.0
Water supply:
Municipal
Zoning:
RM
Heating type:
Radiant
Garage:
None
Parking Spaces:
6
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To, Included In
Type Taxes:
Annual
Taxes:
$7,207 / 2025
Assessment:
$- / -
Niagara
Welland
773 - Lincoln/Crowland
HOT WATER HEATER
6 FRIDGES AND 6 STOVES WASHER DRYER COIN
TENANT BELONGINS
Utilities:
Yes
Energy Certification:
No
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Gross income:
$111,600
Net Income Before Debt:
$77,995
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$6,120
Hydro Expenses:
$6,240
Insurance Expenses:
$3,200
Tax Expenses:
$7,207
Water Expenses:
$5,419
Year Expenses:
21986
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
May 04, 2026
Original Price:
Previous Price:
  • Photo 1: 158 Hagar Street in Welland: 773 - Lincoln/Crowland Commercial for sale : MLS®# X13076786
    Photo 1 of 1
Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Data was last updated May 4, 2026 at 02:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
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  • Current rental income and future appreciation potential

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.