• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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240-242 EAST MAIN Street, Welland, ON L3B 3W9

240-242 EAST MAIN Street, Welland, ON L3B 3W9

Welland, ON, L3B 3W9 · 768 - Welland Downtown

3 Beds
— Sq Ft
Investment Type
X13639556 MLS#

About this property

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.

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Gas Forced Air Closed
  • Heat Source: Gas

Property Details

Property Type Commercial
Property Sub-Type Investment
Bedrooms 3
Garage None
Heat Type Gas Forced Air Closed
Heat Source Gas
Cooling No
Annual Tax $4,629
Tax Year 2025

Building & Construction

Approximate Age
51-99
Building Area Total
3000

Heating & Cooling

Heat Type
Gas Forced Air Closed
Heat Source
Gas
Cooling
No

Parking & Garage

Garage Type
None
Parking Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
100.67
Lot Width
44.97

Financial & Tax

Tax Annual Amount
$4,629
Tax Year
2025
Possession Type
Immediate

Utilities & Services

Utilities
None

Room Details

Kitchens Total
0

Additional Details

Occupant Type
Tenant
County Or Parish
Niagara
Cross Street
East Main between Ross an River
Directions
East Main
Showing Requirements
Go Direct

Location

240-242 EAST MAIN Street, Welland, ON L3B 3W9, Welland, ON, L3B 3W9

Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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Contact Info

  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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