484 EAST MAIN Street
Welland, Ontario
3 bed • 2 bath • Multi-family
Turn-Key Investment or Multi-Generational Gem in the Heart of Welland! Welcome to 484 East Main Street—a well maintained duplex offering the rare advantage of vacant possession on closing. Whether you are looking to set your own market rents or live in one unit while the other pays your mortgage, this property is a standout choice in a growing community. The Property Highlights: Unit 1 (Main Floor): A bright and spacious 1-bedroom, 1-bathroom unit. Unit 2 (Second Floor): A versatile 2-bedroom, 1-bathroom layout with the potential to convert space into a 3rd bedroom. This unit also features a private walk-out deck, perfect for morning coffee. Modern Conveniences: Both units boast in-suite laundry, ensuring tenant satisfaction and ease of living. Mechanically Sound: Separate living made simple with 2 hydro meters and 2 gas meters. Exterior Features: Enjoy a private, fully fenced backyard for outdoor recreation and 3 dedicated parking spots—a premium find in this area. Location & Lifestyle: Situated on the East Main corridor, this home puts you at the center of Welland’s amenities: Nature & Recreation: Steps from the Welland Recreational Canal for walking, cycling, and kayaking. Close to Memorial Park and its expansive green spaces. Downtown: Minutes away from the Welland Farmers’ Market, local bistros, and the Merritt Park Amphitheatre. Municipal Convenience: Excellent proximity to the Welland Bus Terminal, City Hall, and the Niagara Health Welland Site. Commuter Friendly: Easy access to Highway 406 and regional transit routes connecting you across the Niagara Peninsula. Don't miss out on this clean slate opportunity. Set your own rents, choose your own tenants, and invest in one of Niagara’s most resilient rental markets!
Price History
Schools
Elementary
- St Andrew Catholic Elementary School0.7 km
Catholic · Niagara CDSB · 320 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 96% met the provincial standard
- Princess Elizabeth Public School1 km
Public · DSB Niagara · 465 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 48% met the provincial standard
- École intermédiaire Franco-Niagara1.1 km
French public · CS Viamonde · 50 students
Secondary
- École secondaire Franco-Niagara1.1 km
French public · CS Viamonde · 120 students
Grade 10 literacy: 100% met the provincial standard
- Eastdale Secondary School1.1 km
Public · DSB Niagara · 455 students
Grade 10 literacy: 92% met the provincial standard
- Notre Dame College School1.2 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3B
- Population
- 25,869
- Private dwellings
- 11,617
- Median age
- 43.2
- Average household size
- 2.3
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Welland · last 12 months
- Median sold price
- $532,750
- Homes sold
- 762
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 762 recorded sales of multi-family properties in Welland over the last 12 months.
Location
Mortgage Calculator
$65,980
Estimated Monthly Payment
$1,621
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,621/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $82/mo
Estimates only. Consult a financial advisor.
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