$749,900
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247 King Street, Welland, ON L3B3J9

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0 Beds
0 Baths
4,200 Sq Ft

Presenting a rare and compelling investment opportunity at 247 King Street in the heart of Welland, a well-positioned 4-plex offering three fully residential apartments and one versatile commercial unit, all situated on one of the city's most recognized and high-traffic corridors. The three residential apartments are each spacious two-bedroom, one-bathroom units, ideal for attracting long-term tenants such as young professionals, students, and families who are drawn to the convenience and energy of downtown Welland living. Loads of potential with this property with an unfinished basement space that can be renovated into a 5th unit with exceptional value-add potential, presenting a savvy investor with the opportunity to develop additional storage, utility, or future living space. A two-car garage currently configured as a functional workshop adds further flexibility to the property, whether retained for tenant use, leased separately, or repurposed to suit a new owner's vision. The commercial unit, presently operating as professional office space, rounds out this income-generating package with a steady and established presence, making the overall property a true mixed-use asset with four streams of potential revenue. Another option would be re-creating the commercial unit into residential living. Situated on King Street directly near Merritt Park and its multi-use amphitheatre , the property enjoys outstanding walkability and access to the local amenities that make downtown Welland so desirable including restaurants, banks, medical offices, and public transit stop just steps from the front door. Niagara College is within approximately five kilometres , ensuring consistent rental demand from students and college staff year round. Whether you are an experienced investor looking to expand your portfolio or a first-time buyer seeking a property with immediate income and long-term upside. (id:58753)

Listing By: Eli Milenkoff - Real Broker Ontario Ltd.
Source: CREA #40835340 Listing provided courtesy of Canadian Real Estate Association
  • MLS® 40835340
  • Date Listed06/05/2026
  • Days on Realty 115 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision 768 - Welland Downtown
  • Property Type Quadruplex
  • Water Public
  • Square Feet 4,200 sq. ft
  • Price Per Sq. Ft $178.55

Interior Features

  • Heating Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Paved driveway, Crushed stone driveway

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L3B3J9

Discover key demographics, population statistics, and environmental insights for the Welland, ON area.

Walkability in ON / L3B3J9

Source: Walk Score

87/100

Very Walkable

Walk Score ®

38/100

Some Transit

Transit Score ®

83/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

13 nearby routes: 13 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 12/100, Bike Score: 36/100.

Points of Interest near 247 KING Street, Welland, ON L3B3J9

Frequently Asked Questions for 247 KING Street

Source: Realty.com

247 KING Street, Welland, ON L3B3J9 in 768 - Welland Downtown, Welland, ON L3B3J9 is a quadruplex listed at $749,900. Highlights include 4,200 sq. ft., $179 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 247 KING Street.

The full address for this home is 247 KING Street, Welland, ON L3B3J9.

247 KING Street has been listed on Realty.com since Fri June 05, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 12/100, Bike Score: 36/100.

This content last refreshed on 2026-09-28 07:01:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.