366 Crowland Avenue
Welland, ON
- 3,328 sqft
- Investment
- 314 days on market
All-brick 2-storey multi-residential building in the heart of Welland! This solid investment property features four fully finished 2-bedroom, 1-bathroom units, plus a full basement with two additional units that are approximately 75% complete. With proper city approvals and permits, the building can be completed as a legal 6-unit property, offering excellent value-add potential. Major updates have already been taken care of, including a brand-new tankless boiler system, upgraded main electrical wiring, and a full sprinkler system with alarm. A recent fire inspection and approved fire plan ensure compliance with current safety standards and reduce future risk. A detached double garage provides the option for additional income or secure storage. Located near schools, shopping, and public transit, this is the perfect opportunity for investors seeking both strong rental income and future growth potential in a desirable area of Welland.
Listing Details
- Taxes (2024)
- $4,700
- Originally Listed
- $949,900
- Listed
- October 20, 2025
Price History
Listing history
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Property
- Lot Size
- 45 x 119 Feet
Parking
- Garage
- Double Detached
Location & Legal
- Cross Street
- Lincoln & Crowland
- Zoning
- RL1
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
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
Commercial in Welland · last 12 months
- Median sold price
- $532,750
- Homes sold
- 756
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 756 recorded sales of commercial properties in Welland over the last 12 months.
Listed by
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,328 sq ft
- Price per sq ft
- $270.40
- Annual property tax
- $4,700
- Tax per sq ft
- $1.41
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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