Property photo 1
Property photo 2
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.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 11:41 PM UTC, 10/12/2026

 

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