233 King Street

ActiveWelland · 768 - Welland Downtown7 days on marketMLS® X13857712

$399,000

$200 / sq ft

Bedrooms6

Bathrooms3

Interior2,000 sq ft

TypeSingle Family Home

ListingFor Sale

Days on Market7

About this property

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.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X13857712
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,000 sq ft
Beds / Baths	6 bed · 3 bath
Property Taxes (2025)	$4,637
Neighbourhood	768 - Welland Downtown
City	Welland
Postal Code	L3B 3J6
Province	ON
Listed Date	October 3, 2026
Days on Market	7
Price per Sq Ft	$200
Brokerage	RE/MAX REAL ESTATE CENTRE INC.