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$789,900
Ontario,Welland
For Sale Active
247 KING Street, Welland, Ontario L3B3J9
  • 4,200 Sqft
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Basic Details
Description

Presenting a rare and compelling investment opportunity at 247 King Street in the heart of Welland, a well-positioned 4-plex offering three fully residential apartments and one versatile commercial unit, all situated on one of the city’s most recognized and high-traffic corridors. The three residential apartments are each spacious two-bedroom, one-bathroom units, ideal for attracting long-term tenants such as young professionals,

students, and families who are drawn to the convenience and energy of downtown Welland living. Loads of potential with this property with an unfinished basement space that can be renovated into a 5th unit with exceptional value-add potential, presenting a savvy investor with the opportunity to develop additional storage, utility, or future living space. A two-car garage currently configured as a functional workshop adds further flexibility to the property, whether retained for tenant use, leased separately, or repurposed to suit a new owner’s vision. The commercial unit, presently operating as professional office space, rounds out this income-generating package with a steady and established presence, making the overall property a true mixed-use asset with four streams of potential revenue. Another option would be re-creating the commercial unit into residential living. Situated on King Street directly near Merritt Park and its multi-use amphitheatre, the property enjoys outstanding walkability and access to the local amenities that make downtown Welland so desirable including restaurants, banks, medical offices, and public transit stop just steps from the front door. Niagara College is within approximately five kilometres, ensuring consistent rental demand from students and college staff year round. Whether you are an experienced investor looking to expand your portfolio or a first-time buyer seeking a property with immediate income and long-term upside. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40835340
  • Price: $789,900
  • Square Footage: 4,200 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 292003
Features & Appliances
Features
  • Heating System: Natural gas
  • Basement: Full, Unfinished
  • Parking: Attached Garage, Open
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Welland, 768 - Welland Downtown, L3B3J9
  • Street: KING
  • Street Number: 247
  • Street Suffix: Street
  • Longitude: W80° 44' 55.1''
  • Latitude: N42° 59' 12.8''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Stories: 2.0
Financial
  • Tax Annual Amount: 6773.47
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Listing updated: 2026-06-18 20:03:38
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Listing Information
  • List Agent Key: 1659687
  • List Office Key: 292003
  • Modification Timestamp: 2026-06-05T14:50:34Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-06-05T14:41:44Z
Powered by REALTOR.ca
Listing updated: 2026-06-18 20:03:39
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