

3 Beds
3,000 sqft
C$1,399,000
240-242 EAST MAIN Street, Welland ON, L3B 3W9
Price per sqftC$466.33
Property size3,000 sqft
Property typeCommercial
Overview
Active
Price Change
Listed Aug 5, 2026
Updated 15h ago
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.
Additional information
- MLS® ID
- X13639556
Interior Features
- Bedrooms
- 3
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Other Property Details
- Taxes
- $4,629
- Tax Frequency
- Annually
Courtesy of Listed by , CENTURY 21 PEOPLE`S CHOICE REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 11:41 PM UTC, 10/12/2026