240-242 EAST MAIN ST, Welland, ON L3B 3W9
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240-242 EAST MAIN ST, Welland, ON L3B 3W9
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,450,000
Est. payment /mo
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Active

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

3,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $483

Subdivision 768 - Welland Downtown

MLS Listing ID X13639556

Annual Tax Amount $4,629

Tax Year 2025

Property Sub-Type Investment

Lot Depth 100.67

Lot Front 44.97

Property Description

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.

Location

Province ON

County Niagara

Area Niagara

Rooms

Kitchen 0

Interior

Cooling No

Heat Source Gas

Exterior

Utilities Available None

Lot Frontage 44.97

Lot Depth 100.67

Building

Building Age 51-99

Others

ParcelsYN No

Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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240-242 EAST MAIN ST

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