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$1,450,000
Available - For Sale
Listing ID: X13639556
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.
Price $1,450,000
Taxes: $4,629
Tax Type: Annual
Occupancy by: Tenant
Address: 240-242 EAST MAIN Street , Welland, L3B 3W9, Niagara
Postal Code: L3B 3W9
Province/State: Niagara
Legal Description: PT LT 8, PL 553 N/S EAST MAIN ST, PT 2,
Directions/Cross Streets: East Main between Ross an River
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 3,000
Total Area Code:  Square Feet
Approximatly Age: 51-99
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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CENTURY 21 PEOPLE`S CHOICE REALTY INC.

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

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style:
Lot Size: x 100.67(Feet)
Approximate Age: 51-99
Tax: $4,629
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949