240-242 East Main Street Welland, Ontario L3B 3W9
3 Bedroom
3,000 sqft
None
Forced Air
$1,450,000
242 East Main Street, Welland - 7-Unit Residential Income Property. Exceptional investor opportunity in the heart of Welland. This income property offers 7 self-contained residential units, ideally positioned for a buyer looking to build or expand their Niagara portfolio. Property generates over $75K net income/year. The unit mix provides strong versatility and broad tenant appeal: 4 x 2-bedroom, 1 x 1-bedroom, and 2 studio suites - catering to singles, couples, and small families alike. Located in Welland, Ontario, a growing rental market with consistent tenant demand driven by Niagara College, healthcare, and manufacturing employment. Easy access to Highway 406 and the broader Niagara Region makes this an attractive option for a wide range of renters. (id:15069)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13639556 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
Building
| Bedrooms Total | 3 |
| Age | 51 To 99 Years |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,000 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 100 Ft ,8 In |
| Size Frontage | 44 Ft ,11 In |
| Size Irregular | 44.97 X 100.67 Ft |
| Size Total Text | 44.97 X 100.67 Ft |
| Zoning Description | Dmc |
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August 05 2026 04:09:21
Toronto Regional Real Estate Board
Century 21 People's Choice Realty Inc.