




353 Dain Avenue, Welland, ON
L3B 3E8
Listed August 25, 2026
About this property
Excellent opportunity to own a versatile mixed-use residential/light commercial property in Welland! Situated on a generous double lot with 80' frontage, 353 Dain Avenue features a solid block construction with durable metal siding and offers approximately 3,100 sq. ft. of flexible space. Currently operating as a vehicle repair facility, the main shop spans 30' x 60' (approx. 1,800 sq. ft.) and includes a loft area, while an additional 1,300 sq. ft. garage provides ample workspace and storage. The building is equipped with 600-volt, 3-phase electrical service, propane heating, a bathroom, and a flat tar and gravel roof. A survey is available for added convenience. The expansive gravel parking area accommodates multiple vehicles with ease, making it ideal for commercial use or future redevelopment. Zoned RL2, this property offers excellent potential for conversion or redevelopment, including the possibility of up to four residential units. Natural gas is available at the property line. A rare opportunity for investors, contractors, or entrepreneurs seeking space, flexibility, and future potential in a growing area.
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 353 Dain Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$189,600 · Minimum $189,600
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From the listing (2025 tax bill).
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One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,588/mo
About $55,056 a year
- $4,193
- $395
Cash needed to close
- Down payment (20%)
- $189,600
- Ontario land transfer tax
- $15,435
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $207,535
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
353 Dain Avenue, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: August 25, 2026
Listing Office: BOLDT REALTY INC., BROKERAGE
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