240-242 EAST MAIN Street, Welland, ON L3B 3W9
Welland, ON L3B 3W9
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.
Property facts & features
- Days on market
- Not reported
- Property type
- Investment
- MLS® number
- X13639556
- Source status
- Price Change
- Bedrooms
- 3
- Bathrooms
- Not provided
- Reported interior area
- 3000
- Neighbourhood
- Not provided
- Postal code
- L3B 3W9
- Garage
- None
- Lot depth (source units)
- 100.67
- Annual property tax
- 4629
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 88 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $1,399,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Welland →Listing brokerage: CENTURY 21 PEOPLE`S CHOICE REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13639556. Information deemed reliable but not guaranteed.