Address not available
Welland, ON
2 bath • 0.2 sqft • Land • 150 days on market
Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 948,900.
Listing Details
- Taxes (2025)
- $4,412
- Listed
- March 25, 2026
Price History
Property
- Lot Size
- 42 x 210.03 Feet
Utilities
- Sewer
- Sanitary Available
Location & Legal
- Zoning
- RL2
- Parcel Number
- 641090190
- Possession
- 60-89 days
Commercial
- Occupancy
- Owner+Tenant
Included
- Inclusions
- All furniture (5 beds, 5 fridges, 5 nightstands, 5 desks), 2 kitchen fridges, 2 stoves, washer/dryer, 1 dishwasher.
- Exclusions
- All tenants' belongings
- Rental Items
- None
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
- $535,000
- Homes sold
- 767
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 767 recorded sales of commercial properties in Welland over the last 12 months.
Listed by
RE/MAX ESCARPMENT REALTY INC.
Commercial figures
- Annual property tax
- $4,412
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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