DAVIDS&DELAAT
240-242 EAST MAIN Street

$1,450,000

For SaleNew

240-242 EAST MAIN Street, Welland, ON, L3B 3W9

Listed August 5, 2026

3Bedrooms
0Bathrooms
3,000Sq. Ft.

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.

Features

ViewAir ConditioningBasement

Property Details

Listing

MLS® NumberX13639556
StatusFor Sale
ListedAugust 5, 2026
Listing TypeFor Sale
Listing OfficeCENTURY 21 PEOPLE`S CHOICE REALTY INC.

Property

Property TypeCommercial
Interior Size3,000 ft²
Bedrooms3

Location

Community768 - Welland Downtown
CityWelland
ProvinceON
Postal CodeL3B 3W9

Taxes & Financials

Asking Price$1,450,000

Location & Walkability

240-242 EAST MAIN Street, Welland, ON

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Last Updated: August 5, 2026

Listing Office: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

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