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Last Updated : 64 Days ago
240-242 EAST MAIN Street, Welland, ON, 768 - Welland Downtown
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240-242 EAST MAIN Street, Welland MLS Number: X13639556

768 - Welland Downtown, Welland, Niagara, ON, L3B 3W9

$1,399,000

Price drop by $51,000

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $4629.0 (Tax Year:2025)
  • Listing Courtesy : Century 21 People`s Choice Realty Inc.

240-242 EAST MAIN Street Property Description

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.

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240-242 EAST MAIN Street Property Facts

Property Type :Commercial
MLS Number :X13639556
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :04 Sep, 2026 (64 Days ago)
Source :Toronto Regional Real Estate Board
Area :Niagara
Postal Code : L3B 3W9
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240-242 EAST MAIN Street Property Price & Tax Insights

Price : $1,399,000
Property Taxes :$4629.0
Tax Year :2025

240-242 EAST MAIN Street, Welland Property Details

Air Conditioning :No
Heating :Gas Forced Air Closed
Cross Street :East Main between Ross an River
Fuel :Gas

240-242 EAST MAIN Street, Welland - Price History

2026-09

04 Sep, 2026

TREB #X13639556

Price Change

$1399000.0

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240-242 EAST MAIN Street - Location Map and Landmarks

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FAQs: 240-242 EAST MAIN Street, Welland

  • Q: Does this Project 240-242 EAST MAIN Street available for Sale ?

    A: The project 240-242 EAST MAIN Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 240-242 EAST MAIN Street is Offering?

    A:Square Yards is giving a Cashback of $6,995 if you buy this property from us, however there are several key features offered by the 240-242 EAST MAIN Street. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 240-242 EAST MAIN Street, Niagara?

    A: 240-242 EAST MAIN Street, Niagara comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Niagara, On?

    A:Niagara, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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