For Sale: 240-242 Main Street EAST, Welland, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$1,399,000
3 bd • ba • 3000 sf • Multifamily
240-242 Main Street EAST
Street ViewDirections
$1,399,000
Get pre-approved

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
$1,399,000
Get Pre-Approved
Gross Taxes for 2026
$4,629
Home facts
Bedrooms
3
Full Bathrooms
Property Type
Multifamily
Lot Size
44 ft x 100 ft (4527 ft²)
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
46 Days
Property Views
11
MLS® Number
X13639556
Source
Canadian Real Estate Association
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

Frank Mortgage

Frank Mortgage

Canada's No Fee Mortgage Marketplace

Online mortgage broker offering quick and simple access to Canada's top lenders – compare rates and complete your mortgage in a secure online environment

Connect with a mortgage expert

Connect to a mortgage specialist

Frank Mortgage
Canada's No Fee Mortgage Marketplace

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close

Cities near Welland

Neighborhoods near Welland

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 2026-09-20.
Call Agent
Salesperson
Baljinder Srann
Phone:
416-726-6370
Office:
905-366-8100
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss