About this property

242 East Main Street, Welland - 7-Unit Residential Income Property. Exceptional investor opportunity in the heart of Welland. This income property offers 7 self-contained residential units, ideally positioned for a buyer looking to build or expand their Niagara portfolio. Property generates over $75K net income/year. The unit mix provides strong versatility and broad tenant appeal: 4 x 2-bedroom, 1 x 1-bedroom, and 2 studio suites - catering to singles, couples, and small families alike. Located in Welland, Ontario, a growing rental market with consistent tenant demand driven by Niagara College, healthcare, and manufacturing employment. Easy access to Highway 406 and the broader Niagara Region makes this an attractive option for a wide range of renters.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13639556
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	3,000 sq ft
Beds / Baths	3 bed · 0 bath
Neighbourhood	768 - Welland Downtown
City	Welland
Postal Code	L3B 3W9
Province	ON
Listed Date	August 5, 2026
Days on Market	1
Price per Sq Ft	$483
Brokerage	CENTURY 21 PEOPLE`S CHOICE REALTY INC.