264 Hellems Avenue, Welland, ON
L3B 3B7
Listed September 21, 2026
About this property
Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 264 Hellems Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$129,800 · Minimum $39,900
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,235/mo
About $50,820 a year
- $2,871
- $368
- Home insurance$125
- Utilities$330
- Maintenance & repairs$541
Cash needed to close
- Down payment (20%)
- $129,800
- Ontario land transfer tax
- $9,455
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $141,755
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
264 Hellems Avenue, Welland, ON
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Last Updated: September 21, 2026
Listing Office: RE/MAX ESCARPMENT REALTY INC.
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