For Sale: 462 Main Street EAST, Welland, ON - REW
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$474,900
6 bd 2 ba 1735 sf Multifamily

462 East Main StreetWelland, ON, L3B 3X6

  • 6 Bed
  • 2 Bath
  • 1735 Sqft
  • Multifamily

About this home

Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review. (id:63626)
Listed by: Stephen Canjar, Broker of Record, Real Broker Ontario Ltd.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$2,510
Home facts
Bedrooms
6
Full Bathrooms
2
Parking Spaces
2
Property Type
Multifamily
Depth
Frontage
76.0 feet
Year Built
Built in 1920 (106 yrs old)
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Basement Details
Unfinished, Full
Agent details
Primary Agent
Stephen Canjar
Primary Broker
Real Broker Ontario Ltd.
Listing details
Days on REW
1 Day
MLS® Number
40851144
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

DSBN Academy
  • Public
  • 6 - 12
St Andrew Catholic Elementary School
  • Catholic
  • JK - 8
Confédération
  • Public
  • 7 - 12
Princess Elizabeth Public School
  • Public
  • JK - 8
Collège Notre-Dame
  • Catholic
  • 9 - 12
Notre Dame College School
  • Catholic
  • 9 - 12
Plymouth Public School
  • Public
  • JK - 8
Eastdale Secondary School
  • Public
  • 9 - 12
St Kevin Catholic Elementary School
  • Catholic
  • JK - 8
Ross Public School
  • Public
  • JK - 8
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 2026-07-25.