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264 Hellems Avenue

264 Hellems Avenue

Welland, ON

7 bed • 2 bath • approx. 1100-1500 sqft • Detached • 152 days on market

$699,000

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

Listing history

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Property

Style
Bungalow
Construction
Vinyl Siding
Roof
Flat
Foundation
Unknown
Interior
Separate Hydro Meter, Storage
Lot Size
42 x 210.03 Feet

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Lincoln St/Hellems Ave
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
Tenants' belongings
Rental Items
None

Schools

Elementary

  • Plymouth Public School0.5 km

    Public · DSB Niagara · 460 students

    Grade 3 reading: 97% met the provincial standard · Grade 6 math: 100% met the provincial standard

  • St Mary Catholic Elementary School0.7 km

    Catholic · Niagara CDSB · 205 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 50% met the provincial standard

  • Princess Elizabeth Public School1.1 km

    Public · DSB Niagara · 465 students

    Grade 3 reading: 80% met the provincial standard · Grade 6 math: 48% met the provincial standard

Secondary

  • Notre Dame College School1.5 km

    Catholic · Niagara CDSB · 1130 students

    Grade 10 literacy: 85% met the provincial standard

  • Eastdale Secondary School1.7 km

    Public · DSB Niagara · 455 students

    Grade 10 literacy: 92% met the provincial standard

  • École secondaire Franco-Niagara1.8 km

    French public · CS Viamonde · 120 students

    Grade 10 literacy: 100% 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

Residential Freehold 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 residential freehold properties in Welland over the last 12 months.

Rooms

4-piece on Main, 3-piece on Basement

Main

  • Bedroom11' x 11'
  • Bedroom 211' x 11'
  • Bedroom 311' x 11'
  • Bedroom 411' x 11'
  • Bedroom 511' x 11'
  • Kitchen14' x 11'

Basement

  • Bedroom11' x 11'
  • Bedroom11' x 11'
  • Kitchen22' x 14'
  • Living Room22' x 14'

Listed by

RE/MAX ESCARPMENT REALTY INC.

Walk Score

82

Walk

37

Transit

62

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$139,800

Estimated Monthly Payment

$3,434

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,434/mo (20% down, 5.5%)

Taxes: $368/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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