For sale 50$1,150,000
3+1 bed4 bath2,500–3,000 sq ft
374 Hillsdale Road
Coyle Creek, Welland
1 month agoMLS® X13683072
REVEL Realty Inc., Brokerage
$1,399,000
240-242 East Main Street
Welland Downtown, Welland, Ontario L3B3W9
For sale· Added
3 bed3,000 sqft
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.
Location
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Property details
Listing
- MLS® number
- X13639556
- Added
- Aug 5, 2026 ()
- Updated
- Sep 4, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Multi-Family
Inside
- Bedrooms
- 3
- Heating
- Forced air, Natural gas
- Cooling
- None
- Fireplace
- No
Land
- Lot size
- 44.97 x 100.67 ft
- Zoning
- DMC
Services
- Water
- Municipal water
Location
- Cross streets
- East Main between Ross an River
- Directions
- East Main.
Running costs
- Annual property tax
- $4,629
$1,399,000
240-242 East Main Street
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