For Sale: 240-242 Main Street EAST, Welland, ON - REW
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$1,450,000
3 bd • ba • 3000 sf • Multifamily
240-242 Main Street EAST
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$1,450,000
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240-242 East Main StreetWelland, ON, L3B 3W9

  • 3 Bed
  • Bath
  • 3000 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Baljinder Srann, Salesperson, CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Home facts and features

Price details
List Price
$1,450,000
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Gross Taxes for 2026
$4,629
Home facts
Bedrooms
3
Full Bathrooms
Property Type
Multifamily
Depth
100.67 feet
Frontage
44.11 feet
Heating Type
Forced air, Natural gas
Agent details
Primary Agent
Baljinder Srann
Primary Broker
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Listing details
Days on REW
1 Day
MLS® Number
X13639556
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

DSBN Academy
  • Public
  • 6 - 12
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
Plymouth Public School
  • Public
  • JK - 8
Princess Elizabeth Public School
  • Public
  • JK - 8
St Andrew Catholic Elementary School
  • Catholic
  • JK - 8
St Mary Catholic Elementary School
  • Catholic
  • JK - 8
Confédération
  • Public
  • 7 - 12
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
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Call Agent
Salesperson
Baljinder Srann
Phone:
416-726-6370
Office:
905-366-8100
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