For Sale: 132 Hellems Avenue, Welland, ON - REW
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$649,000
7 bd • 4 ba • 3500 - 4999 sf • Multifamily

132 Hellems AvenueWelland, ON, L3B 3B3

  • 7 Bed
  • 4 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

Investor opportunity with a 7.5 Cap rate and two units available for new tenancies! This legal non-conforming fourplex offers a versatile unit mix with a spacious 3-bedroom main-floor unit, a 3-bedroom upper unit, a 2-bedroom upper unit, and a 1-bedroom lower-level unit. The 1-bedroom lower unit is currently vacant, with the 2-bedroom upper units becoming vacant November 1, 2026, giving a new owner the valuable opportunity to select tenants and establish new tenancies for two of the four units. Additional income potential is offered through coin-operated laundry and a detached garage. With generous unit sizes, multiple income streams and the flexibility provided by two vacant units, this property offers plenty of potential for an investor looking to reposition and add value over time. Roof updated in the last 10 years and the boiler was updated in 2013. (id:63626)
Listed by: Vichit Altmann, REVEL Realty Inc., Brokerage

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,982
Home facts
Bedrooms
7
Full Bathrooms
4
Parking Spaces
5
Parking Details
Garage, Detached Garage
Property Type
Multifamily
Lot Size
55 ft x 117 ft (6457 ft²)
Depth
117.4 feet
Frontage
55.0 feet
Exterior Finish
Vinyl siding
Heating Type
Radiant heat, Natural gas
Basement Details
Partially finished, Full
Features
Separate Electricity Meters
Appliances
All, Dryer, Washer
Agent details
Primary Agent
Primary Broker
REVEL Realty Inc., Brokerage
Listing details
Days on REW
1 Day
MLS® Number
X13847016
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

DSBN Academy
  • Public
  • 6 - 12
Plymouth Public School
  • Public
  • JK - 8
St Mary Catholic Elementary School
  • Catholic
  • JK - 8
Collège Notre-Dame
  • Catholic
  • 9 - 12
Notre Dame College School
  • Catholic
  • 9 - 12
St Kevin Catholic Elementary School
  • Catholic
  • JK - 8
Ross Public School
  • Public
  • JK - 8
Princess Elizabeth Public School
  • Public
  • JK - 8
Fitch Street Public School
  • Public
  • JK - 8
É Élém Champlain
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-10-02.
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