462 East Main Street, Welland, ON L3B 3X6
Welland, ON, L3B 3X6 · 768 - Welland Downtown
About this property
Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review.
Features & Amenities
- Basement: Full, Unfinished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | 2-Storey |
| Bedrooms | 6 |
| Bathrooms | 2 |
| Basement | Full, Unfinished |
| Garage | None |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $2,510 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Exterior Features
- Deck
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Full, Unfinished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 2
- Parking Total
- 2.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 111.90
- Lot Width
- 29.40
Community & Neighborhood
- Property Features
- Sloping, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $2,510
- Tax Year
- 2025
- Tax Assessed Value
- $132,000
- Possession Type
- Other
- Possession Details
- IMMEDIATE W/TENANTS
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 2
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Niagara
- Cross Street
- CROWLAND
- Directions
- HWY 406 TO EAST MAIN
- Special Designation
- Unknown
- Showing Requirements
- Showing System, List Salesperson
Location
462 East Main Street, Welland, ON L3B 3X6, Welland, ON, L3B 3X6