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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

6 Beds

4 Baths

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Est. payment | -/mo

Save Virtual Tour

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 768 - Welland Downtown

MLS Listing ID X13247824

Style 2-Storey

Bedrooms 6

Annual Tax Amount $6,773

Tax Year 2026

Property Sub-Type Fourplex

Property Description

Presenting a rare and compelling investment opportunity at 247 King Street in the heart of Welland, a well-positioned 4-plex offering three fully residential apartments and one versatile commercial unit, all situated on one of the city's most recognized and high-traffic corridors. The three residential apartments are each spacious two-bedroom, one-bathroom units, ideal for attracting long-term tenants such as young professionals, students, and families who are drawn to the convenience and energy of downtown Welland living. Loads of potential with this property with an unfinished basement space that can be renovated into a 5th unit with exceptional value-add potential, presenting a savvy investor with the opportunity to develop additional storage, utility, or future living space. A two-car garage currently configured as a functional workshop adds further flexibility to the property, whether retained for tenant use, leased separately, or repurposed to suit a new owner's vision. The commercial unit, presently operating as professional office space, rounds out this income-generating package with a steady and established presence, making the overall property a true mixed-use asset with four streams of potential revenue. Another option would be re-creating the commercial unit into residential living. Situated on King Street directly near Merritt Park and its multi-use amphitheatre , the property enjoys outstanding walkability and access to the local amenities that make downtown Welland so desirable including restaurants, banks, medical offices, and public transit stop just steps from the front door. Niagara College is within approximately five kilometres , ensuring consistent rental demand from students and college staff year round. Whether you are an experienced investor looking to expand your portfolio or a first-time buyer seeking a property with immediate income and long-term upside.

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Unfinished

Kitchen 3

Interior

Interior Features Other

Cooling None

Inclusions Dryer in basement #1. Fridges, stoves, washers, dryers

Exterior

Garage Spaces 2.0

Pool None

Roof Type Flat

Lot Frontage 66.0

Lot Depth 115.6

Total Parking Spaces 8

Building

Foundation Block, Concrete

Others

Senior Community Yes

ParcelsYN No

Virtual Tour https://dl.dropboxusercontent.com/scl/fi/jb43q847h3xu9wxm1u1pe/No-Intro.mp4?rlkey=tqkvtzcokw35v31x3fiyuyceu&raw=1

Listed by Real Broker Ontario Ltd.

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

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247 King ST Welland, ON L3B 3J9