$1,399,000
240-242 E MAIN St
Welland, ON L3B 3W9
240-242 E MAIN St, Welland — Listed at $1,399,000. 3 bedroom Investment. MLS® X13639556.
Possession · seller's timeline
Immediate
Description
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.
Property Details
Business Details
Property Insights
Listing Courtesy of: CENTURY 21 PEOPLE`S CHOICE REALTY INC.
MLS® #X13639556
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HouseIndex Take: 240-242 EAST MAIN Street
This investment is located in the 768 - Welland Downtown neighbourhood of Welland.
The home offers 3 bedrooms.
Additional details: lot dimensions of 44.97 × 100.67 feet.
Listed at $1,399,000 CAD with annual property taxes of $4,629 (2025).
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