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Listed price in listed location currency (CAD).
$399,000

633

MLS® X13857712

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Detached
Taxes $4,637
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13857712

Property Address: 233 King St, Welland, ON, L3B3J6

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Welland! Situated on a high-exposure lot with prime frontage on King Street, this legal triplex offers outstanding income potential and future redevelopment flexibility. Zoned DMC (Downtown Mixed Use Centre) and RM (Residential Multiple), the property is ideal for investors, business owners, or those seeking a live/work opportunity. Currently configured as a legal triplex featuring one 3-bedroom unit, one 2-bedroom unit, and one 1-bedroom unit, the property generates immediate rental income with additional upside, as existing rents are below current market value. A detached 3-car garage provides endless possibilities and could be converted into commercial space, a workshop, storage, or enhanced amenities for tenants. Positioned along bustling King Street with excellent visibility and strong pedestrian traffic, this location is perfectly suited for professional offices, retail uses, convenience stores, service businesses, and many other permitted commercial applications. Enjoy a unique setting just steps from the Welland River and scenic walking trails along the Welland Canal. Located in the heart of Downtown Welland, you're close to grocery stores, restaurants, amenities, and Niagara College's Welland Campus. Outdoor enthusiasts will appreciate being near one of the region's premier destinations for water sports and surfing. With some updating and TLC, this property presents tremendous value-add potential and the opportunity to significantly increase rental income and overall returns. A rare chance to own a versatile mixed-use property in one of Welland's growing downtown corridors. Pictures are virtually staged. Currently 2 and 3 bedroom units are tenanted but potentially can be vacated.
MLS® NumberX13857712
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageDetached
Approx. Age
BasementNone
DrivewayGarage Type:Detached
Garage Spaces
HeatGas, Forced Air
A/CWindow Unit(s)

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $399,000

For Sale · 0 days

$399,000

MLS® X13857712

3 hours ago

Not Sold Yet

October 2026, For Sale for $399,000

For Sale · 0 days

$399,000

MLS® X13857712

3 hours ago

Not Sold Yet

November 2024, Expired for $489,000

Expired · 686 days

$489,000

MLS® X8503690

2 years ago

Not Sold Yet

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