240-242 EAST MAIN Street
Welland (Welland Downtown), Ontario L3B3W9
MLS # X13639556
Property Details
Type
Multi-Family
Beds
3
Baths
—
Status
For Sale
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About this property
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.
Mortgage Estimate
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Property taxes: about $386/month based on listed annual taxes.
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Facts & Location
Interior Size
3,000 sq ft
Lot Size
44.97 x 100.67 FT
Annual Taxes
$4,629
Listing data
Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.
Last refreshed: Oct 18, 2026 2:15 AM
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