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MLS® X13809880 · Listed by RE/MAX ESCARPMENT REALTY INC. Source: TRREB MLS®. THE AGENCY does not represent this listing.

$649,000

264 Hellems Avenue, Welland

MLS® X13809880 · 41 days on market

Detached for sale · 5+2 bed · 2 bath

Signal

40/100

Soft demand, likely to sit

Likely sale price $620,142

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.

Property details

Sqft
1,100 to 1,500
Parking
24
Annual taxes
$4,412 (2025)
Basement
Finished
Style
Bungalow