233 King Street Welland, Ontario L3B 3J6
$599,000
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 fully tenanted 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 (id:61852)
Property Details
| MLS® Number | X13441458 |
| Property Type | Single Family |
| Community Name | 768 - Welland Downtown |
| AmenitiesNearBy | Public Transit |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| BasementType | None |
| ConstructionStyleAttachment | Detached |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Aluminum Siding |
| FireplacePresent | Yes |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 99 Ft ,3 In |
| SizeFrontage | 33 Ft ,1 In |
| SizeIrregular | 33.1 X 99.3 Ft |
| SizeTotalText | 33.1 X 99.3 Ft |
| ZoningDescription | Dmc, Rm |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.33 m | 2.82 m | 3.33 m x 2.82 m |
| Second Level | Bedroom 2 | 3.02 m | 2.95 m | 3.02 m x 2.95 m |
| Second Level | Bedroom 3 | 2.95 m | 2.56 m | 2.95 m x 2.56 m |
| Second Level | Kitchen | 2.9 m | 2.51 m | 2.9 m x 2.51 m |
| Second Level | Bathroom | 2.31 m | 1.85 m | 2.31 m x 1.85 m |
| Second Level | Living Room | 4.29 m | 3.11 m | 4.29 m x 3.11 m |
| Main Level | Living Room | 5.26 m | 3.3 m | 5.26 m x 3.3 m |
| Main Level | Kitchen | 5.49 m | 2.82 m | 5.49 m x 2.82 m |
| Main Level | Bedroom | 3.63 m | 2.51 m | 3.63 m x 2.51 m |
| Main Level | Bedroom 2 | 3.32 m | 3.22 m | 3.32 m x 3.22 m |
| Main Level | Bedroom 3 | 2.82 m | 2.77 m | 2.82 m x 2.77 m |
| Main Level | Living Room | 3.89 m | 3.25 m | 3.89 m x 3.25 m |
| Main Level | Kitchen | 4.7 m | 3.18 m | 4.7 m x 3.18 m |
| Main Level | Bathroom | 2.5 m | 1.83 m | 2.5 m x 1.83 m |
| Main Level | Bathroom | 2.62 m | 1.62 m | 2.62 m x 1.62 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Interested?
Contact us for more information
Ismail Hweija
Salesperson
345 Steeles Ave East Suite B
Milton, Ontario L9T 3G6
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June 13 2026 03:46:33
Toronto Real Estate Board
RE/MAX Real Estate Centre Inc.