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MLS® X12918780
Welland, ON
Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 948,900.
Inclusions
All furniture (5 beds, 5 fridges, 5 nightstands, 5 desks), 2 kitchen fridges, 2 stoves, washer/dryer, 1 dishwasher.
Exclusions
All tenants' belongings
Broker
RE/MAX ESCARPMENT REALTY INC.
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Land
264 Hellems Avenue Welland
Welland
Type
Land
Property Tax
~$4,412/yr
Buying Essentials
Square Feet
2470 sqft
Finances
List Price
$699,000
Price per SQFT
$283/sqft
Property Tax
~$4,412/yr
Property Specs
Property Type
Land
MLS Size
2470 sqft
Policies & Utilities
Neighbourhood
Welland
Listed On
Mar 25, 2026
Major Highway
Public Transit
Days on Market
Current: 227 days
Room information is not available for this listing.
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