Address
233 King Street, Welland, ON
Price
$ 599,000
Property Attributes
- MLS#X13441458
- TypeSingle Family
- Listing Status New
- CityWelland
- Area768 - Welland Downtown
- Neighbourhood768 - Welland Downtown
- Postal CodeL3B 3J6
- Style2-Storey
- Taxes$ 4636
- Price$ 599,000
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2000
Data Source:
TREB - DLA - RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Property 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 fully tenanted 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
| Price History | |
|---|---|
| 6/13/2026 | Listed $599,000 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | Window Unit(s) |
| Roof | Asphalt Shingle |
| Water | Municipal |
| Zoning | DMC,RM |
| Architectural Style | 2-Storey |
| Pool Features | None |
| Construction Materials | Aluminum Siding |
| Exclusions | None |
| Waterview | Partially Obstructive |
| Heater Type | Forced Air |
| Parking Spaces | 3 |
| Property Subtype | Detached |
| Tax Year | 2025 |
| Lot Depth | 99.25 |
| PropertyFeatures | Public Transit |
| County | Niagara |
| New Construction | No |
| Property Type | Residential Freehold |
| HOA | No |
| Attached Garage | No |
| Facing Direction | West |
| Garage Y/N | Yes |
| Status | New |
| City | Welland |
| Body of Water | Welland Canal |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 4636.93 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Legal Description | PT LT 61,PL 559,W/S OF CANAL ST (NOW KING ST ),AS IN RO705111 ; WELLAND |
Interior Features
| Interior Amenities | In-Law Capability,Separate Hydro Meter |
|---|---|
| Basement | None |
| Heat Source | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Total Bedrooms | 6 |
| Elevator? | No |
| Total Baths | 3 |
| Bedrooms | 6 |
| Living Area Range | 2000-2500 |
Exterior Features
| Waterfront | Indirect |
|---|---|
| Total Parking | 6.0 |
| Inclusions | All existing Appliances |
| Garage Type | Detached |
| Foundation Details | Concrete Block |
| Spa | No |
| Lot Size Source | GeoWarehouse |
| Waterfront Y/N | No |
| Covered Spaces | 3.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in L3B 3J6
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