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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$399,000
Available - For Sale
Listing ID: X13857712
Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Welland! Situated on a high-exposure lot with prime frontage on King Street, this legal triplex offers outstanding income potential and future redevelopment flexibility. Zoned DMC (Downtown Mixed Use Centre) and RM (Residential Multiple), the property is ideal for investors, business owners, or those seeking a live/work opportunity. Currently configured as a legal triplex featuring one 3-bedroom unit, one 2-bedroom unit, and one 1-bedroom unit, the property generates immediate rental income with additional upside, as existing rents are below current market value. A detached 3-car garage provides endless possibilities and could be converted into commercial space, a workshop, storage, or enhanced amenities for tenants. Positioned along bustling King Street with excellent visibility and strong pedestrian traffic, this location is perfectly suited for professional offices, retail uses, convenience stores, service businesses, and many other permitted commercial applications. Enjoy a unique setting just steps from the Welland River and scenic walking trails along the Welland Canal. Located in the heart of Downtown Welland, you're close to grocery stores, restaurants, amenities, and Niagara College's Welland Campus. Outdoor enthusiasts will appreciate being near one of the region's premier destinations for water sports and surfing. With some updating and TLC, this property presents tremendous value-add potential and the opportunity to significantly increase rental income and overall returns. A rare chance to own a versatile mixed-use property in one of Welland's growing downtown corridors. Pictures are virtually staged. Currently 2 and 3 bedroom units are tenanted but potentially can be vacated.
Price $399,000
Taxes: $4,636.93
Occupancy by: Tenant
Address: 233 King Street , Welland, L3B 3J6, Niagara
Directions/Cross Streets: King St and State St
Rooms: 16
Bedrooms: 6
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 17.25 10.82
Room 2: Main Kitchen 18.01 9.25
Room 3: Main Bedroom 11.91 8.23
Room 4: Main Bedroom 2 10.89 10.56
Room 5: Main Bedroom 3 9.25 9.09
Room 6: Main Living Ro 12.76 10.66
Room 7: Main Kitchen 15.42 10.43
Room 8: Main Bathroom 8.20 6.00 4 Pc Bath
Room 9: Main Bathroom 8.59 5.31 3 Pc Bath
Room 10: Second Living Ro 14.07 10.20
Room 11: Second Bedroom 10.92 9.25
Room 12: Second Bedroom 2 9.91 9.68
Room 13: Second Bedroom 3 9.68 8.40
Room 14: Second Kitchen 9.51 8.23
Room 15: Second Bathroom 7.58 6.07 4 Pc Bath
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Main
Washroom 3:  4 Second
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  4 Main
Washroom 8:  4 Second
Washroom 9:  0
Washroom 10:  0
Property Type: Detached
Style: 2-Storey
Exterior: Aluminum Siding
Garage Type: Detached
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Public Trans
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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RE/MAX REAL ESTATE CENTRE INC.

233 King Street , Welland, L3B 3J6, Niagara

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Freehold - Detached
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style: 2-Storey
Lot Size: x 99.25(Feet)
Approximate Age: 100+
Tax: $4,636.93
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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