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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)
Cross Streets: State St. ** Directions: South on King St, pass downtown Core. in Between Main St & Lincoln St.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Welland (welland Downtown), ON area.
87/100
Very Walkable
Walk Score ®
38/100
Some Transit
Transit Score ®
83/100
Very Bikeable
Bike Score ®
Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.
13 nearby routes: 13 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 12/100, Bike Score: 36/100.
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247 KING Street
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247 King Street, Welland ON L3B 3J9
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303-119 Lincoln Street, Welland ON L3C 0L2
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66 BALD STREET
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106 - 123 LINCOLN STREET
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0 First ST
Source: Realty.com
247 KING STREET, Welland (Welland Downtown), ON L3B3J9 in Welland (Welland Downtown), ON L3B3J9 is a quadruplex listed at $789,900. Highlights include 6 bedrooms, 4 bathrooms. 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 (Welland Downtown), 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.
Listing provided courtesy of:
Real Broker Ontario Ltd.
Listing agent:
JALEEL WARD
This content last refreshed on 2026-06-06 22:16:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.