247 King Street, Welland, ON L3B 3J9
Welland, ON L3B 3J9
Quick cost estimateKnown monthly subtotal$4,053.62 / monthLand transfer tax $11,473One-time estimate
Quick cost estimate
$4,053.62 / monthKnown monthly subtotal
- Mortgage principal & interest
- $3,489.16
- Property tax / month
- $564.46
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $11,473
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $11,473
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
Presenting a rare and compelling investment opportunity at 247 King Street in the heart of Welland, a well-positioned 4-plex offering three fully residential apartments and one versatile commercial unit, all situated on one of the city's most recognized and high-traffic corridors. The three residential apartments are each spacious two-bedroom, one-bathroom units, ideal for attracting long-term tenants such as young professionals, students, and families who are drawn to the convenience and energy of downtown Welland living. Loads of potential with this property with an unfinished basement space that can be renovated into a 5th unit with exceptional value-add potential, presenting a savvy investor with the opportunity to develop additional storage, utility, or future living space. A two-car garage currently configured as a functional workshop adds further flexibility to the property, whether retained for tenant use, leased separately, or repurposed to suit a new owner's vision. The commercial unit, presently operating as professional office space, rounds out this income-generating package with a steady and established presence, making the overall property a true mixed-use asset with four streams of potential revenue. Another option would be re-creating the commercial unit into residential living. Situated on King Street directly near Merritt Park and its multi-use amphitheatre , the property enjoys outstanding walkability and access to the local amenities that make downtown Welland so desirable including restaurants, banks, medical offices, and public transit stop just steps from the front door. Niagara College is within approximately five kilometres , ensuring consistent rental demand from students and college staff year round. Whether you are an experienced investor looking to expand your portfolio or a first-time buyer seeking a property with immediate income and long-term upside.
Home details
- Days on market
- Not reported
- Property type
- Fourplex
- MLS® number
- X13247824
- Source status
- Price Change
- Bedrooms
- 6
- Bathrooms
- 4
- Postal code
- L3B 3J9
- Kitchens
- 3
- Kitchens above grade
- 3
- Family room / den
- No
- Interior size (reported range)
- 3500-5000 (units not reported)
- Lot depth
- 115.60 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 8
- Occupancy
- Tenant
- Possession type
- Immediate
- Garage
- Other
- Annual property tax
- 6773.47
- Basement
- Unfinished
- Interior features
- Other
- Architectural style
- 2-Storey
- Pool features
- None
- Fireplace
- No
- Waterfront
- No
- Garage available
- Yes
- Heating system
- Radiant
- Heating fuel
- Gas
- Cooling
- None
- Sewer
- Sewer
- Direction facing
- West
- Construction materials
- Brick, Vinyl Siding
- Roof
- Flat
- Foundation
- Block, Concrete
- MLS entry age (not confirmed DOM)
- 155 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Sewer
- Heating system
- Radiant
- Heating fuel
- Gas
- Cooling
- None
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 6
- Rooms above grade
- 21
- Den / family room reported
- No
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $749,900
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Estimate monthly costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- NIAGARA
- Municipality
- WELLAND
- MLS® community
- 768 - Welland Downtown
Plan a trip from this home
Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
Plymouth Public School ↗
Elementary · JK-8 · English · Public
111 First St, Welland
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 97%
- Grade 3 Writing (at provincial standard)
- 85%
- Grade 3 Mathematics (at provincial standard)
- 97%
- Grade 6 Reading (at provincial standard)
- 100%
- Grade 6 Writing (at provincial standard)
- 100%
- Grade 6 Mathematics (at provincial standard)
- 100%
St Mary Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
120 Plymouth Rd, Welland
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 67%
- Grade 3 Writing (at provincial standard)
- 46%
- Grade 3 Mathematics (at provincial standard)
- 54%
- Grade 6 Reading (at provincial standard)
- 83%
- Grade 6 Writing (at provincial standard)
- 75%
- Grade 6 Mathematics (at provincial standard)
- 50%
Fitch Street Public School ↗
Elementary · JK-8 · English · Public
164 Fitch St, Welland
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 79%
- Grade 3 Writing (at provincial standard)
- 73%
- Grade 3 Mathematics (at provincial standard)
- 69%
- Grade 6 Reading (at provincial standard)
- 98%
- Grade 6 Writing (at provincial standard)
- 96%
- Grade 6 Mathematics (at provincial standard)
- 50%
Princess Elizabeth Public School ↗
Elementary · JK-8 · English · Public
330 Scholfield Ave S, Welland
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 80%
- Grade 3 Writing (at provincial standard)
- 76%
- Grade 3 Mathematics (at provincial standard)
- 57%
- Grade 6 Reading (at provincial standard)
- 90%
- Grade 6 Writing (at provincial standard)
- 90%
- Grade 6 Mathematics (at provincial standard)
- 48%
Ross Public School ↗
Elementary · JK-8 · English · Public
358 Niagara St, Welland
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 56%
- Grade 3 Writing (at provincial standard)
- 44%
- Grade 3 Mathematics (at provincial standard)
- 56%
- Grade 6 Reading (at provincial standard)
- 100%
- Grade 6 Writing (at provincial standard)
- 90%
- Grade 6 Mathematics (at provincial standard)
- 43%
Notre Dame College School ↗
Secondary · 9-12 · English · Catholic
64 Smith St, Welland
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 9 Mathematics (at provincial standard)
- 56%
- Grade 10 OSSLT (first-attempt pass)
- 85%
École élémentaire Franco-Niagara ↗
Elementary · JK-6 · French · Public
101 Afton av, Welland
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
Bridgeview Public School
Elementary · 1-8 · English · Public
101 Afton Avenue, Welland
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
Filter the records displayed below.
Transit near this property
No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.
Filter the records displayed below.
Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
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Similar homes for sale in 768 - Welland Downtown, Welland, Niagara, Ontario
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Are the measurements and features independently verified?
Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
Can I see sold prices for nearby properties?
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
247 King Street, Welland, ON L3B 3J9, Welland is listed for sale as a Fourplex. The listing reports 6 bedrooms, 4 bathrooms, reported interior area of 3500-5000 (units not reported), kitchens reported as 3, parking spaces reported as 8. Asking price: $749,900. Occupancy is reported as Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13247824.
The Ministry’s school dataset lists Plymouth Public School approximately 672 m from the property’s mapped location.
Local context
The Ministry’s school dataset lists Plymouth Public School approximately 672 m from the property’s mapped location.
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility.
Explore the area: Welland · 768 - Welland Downtown.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: Real Broker Ontario Ltd.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13247824. Information deemed reliable but not guaranteed.