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$699,000
Status: For Sale
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.Can be purchased together with 258 Hellems for 948,900.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X12918792 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :25 Mar, 2026 (140 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | :
L3B 3B7
|
| Price | : $699,000 |
|---|---|
| Property Taxes | :$4412.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :5 + 2 |
|---|---|
| No. of Rooms | :6 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Cross Street | :Lincoln St/Hellems Ave |
| Bathrooms | :2 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1100-1500 sqft |
| Fireplace/Stove | :No |
| Kitchen | :4.26 m x 3.35 m |
|---|---|
| Bedroom 2 | :3.35 m x 3.35 m |
| Bedroom 4 | :3.35 m x 3.35 m |
| Kitchen | :6.7 m x 4.26 m |
| Bedroom | :3.35 m x 3.35 m |
| Bedroom | :3.35 m x 3.35 m |
|---|---|
| Bedroom 3 | :3.35 m x 3.35 m |
| Bedroom 5 | :3.35 m x 3.35 m |
| Living Room | :6.7 m x 4.26 m |
| Bedroom | :3.35 m x 3.35 m |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :24 |
| Basement | :Finished |
| Garage | :Detached |
|---|
25 Mar, 2026
TREB #X12918792
Listed
$699000.0
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