For Sale: 233 King Street, Welland, ON - REW
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$599,000
6 bd 3 ba 2000 - 2500 sf House

233 King StreetWelland, ON, L3B 3J6

  • 6 Bed
  • 3 Bath
  • 2000 - 2500 Sqft
  • House

About this home

Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Welland! Situated on a high-exposure lot with prime frontage on King Street, this legal triplex offers outstanding income potential and future redevelopment flexibility. Zoned DMC (Downtown Mixed Use Centre) and RM (Residential Multiple), the property is ideal for investors, business owners, or those seeking a live/work opportunity.Currently configured as a fully tenanted legal triplex featuring one 3-bedroom unit, one 2-bedroom unit, and one 1-bedroom unit, the property generates immediate rental income with additional upside, as existing rents are below current market value. A detached 3-car garage provides endless possibilities and could be converted into commercial space, a workshop, storage, or enhanced amenities for tenants.Positioned along bustling King Street with excellent visibility and strong pedestrian traffic, this location is perfectly suited for professional offices, retail uses, convenience stores, service businesses, and many other permitted commercial applications.Enjoy a unique setting just steps from the Welland River and scenic walking trails along the Welland Canal. Located in the heart of Downtown Welland, you're close to grocery stores, restaurants, amenities, and Niagara College's Welland Campus. Outdoor enthusiasts will appreciate being near one of the region's premier destinations for water sports and surfing.With some updating and TLC, this property presents tremendous value-add potential and the opportunity to significantly increase rental income and overall returns. A rare chance to own a versatile mixed-use property in one of Welland's growing downtown corridors. Pictures are virtually staged
Listed by: Ismail Hweija, Salesperson, RE/MAX REAL ESTATE CENTRE INC.

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,637
Home facts
Bedrooms
6
Full Bathrooms
3
Parking Spaces
6
Property Type
House
Lot Size
33 ft x 99 ft (3286 ft²)
Depth
99.25
Frontage
33.11
Year Built
100 - 2026 yrs old
Exterior Finish
Aluminum Siding
Heating Type
Forced Air, Gas
Cooling
Window Unit(s)
Features
Public Transit
Agent details
Primary Agent
Ismail Hweija
Primary Broker
RE/MAX REAL ESTATE CENTRE INC.
Listing details
Days on REW
1 Day
MLS® Number
X13441458
Source
Toronto Real Estate Board
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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

Plymouth Public School
  • Public
  • JK - 8
St Mary Catholic Elementary School
  • Catholic
  • JK - 8
DSBN Academy
  • Public
  • 6 - 12
Fitch Street Public School
  • Public
  • JK - 8
Princess Elizabeth Public School
  • Public
  • JK - 8
Ross Public School
  • Public
  • JK - 8
St Kevin Catholic Elementary School
  • Catholic
  • JK - 8
Collège Notre-Dame
  • Catholic
  • 9 - 12
Notre Dame College School
  • Catholic
  • 9 - 12
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 2026-06-13.