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132 Hellems Avenue in Welland for sale

Asking price
$649,000
Estimate (Oct 01)
$652,492
MLS #:
X13847016
Type:
Fourplex, 2 1/2 Storey
Approx. SQFT:
3500-5000
Basement:
Full, Part Fin
6+1 6+1
1 55 x 117.4 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Ter N/A N/A N/A
Investor opportunity with a 7.5 Cap rate and two units available for new tenancies! This legal non-conforming fourplex offers a versatile unit mix with a spacious 3-bedroom main-floor unit, a 3-bedroom upper unit, a 2-bedroom upper unit, and a 1-bedroom lower-level unit. The 1-bedroom lower unit is currently vacant, with the 2-bedroom upper units becoming vacant November 1, 2026, giving a new owner the valuable opportunity to select tenants and establish new tenancies for two of the four units. Additional income potential is offered through coin-operated laundry and a detached garage. With generous unit sizes, multiple income streams and the flexibility provided by two vacant units, this property offers plenty of potential for an investor looking to reposition and add value over time. Roof updated in the last 10 years and the boiler was updated in 2013.

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  • Date Listed: Thursday, October 01, 2026
  • Listing Brokerage: Revel Realty Inc., Brokerage - Disclaimer: The information contained in this listing has not been verified by Revel Realty Inc., Brokerage and should be verified by the buyer.
  • City: Welland

    More 6 bedrooms homes for sale in Welland

  • Neighbourhood: Welland Downtown
  • Major Intersection: Young and Hellems
  • Full Address: 132 Hellems Avenue, Welland, L3B 3B3, Canada, ON, Canada
  • Amenities:
  • Taxes: $4,982.00 (2025)

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