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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:58753)
King St and State St
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 57 EDGAR STREET | 3 | 2 | Jun 18, 2026 | $595,900 |
| 25 Victor Boulevard, St. Catharines ON L2T 2B4 | 3 | 3 | Jun 14, 2026 | $899,900 |
| 63 Millbridge Crescent, Fonthill ON L0S 1E1 | 4 | 3 | Jun 18, 2026 | $1,149,900 |
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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Source: Realty.com
233 KING STREET, Welland (Welland Downtown), ON L3B3J6 in Welland (Welland Downtown), ON L3B3J6 is a single family residence listed at $599,000. Highlights include 6 bedrooms, 3 bathrooms. Realty.ca has 34 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 34 photos of 233 KING STREET.
The full address for this home is 233 KING STREET, Welland (Welland Downtown), ON L3B3J6.
233 KING STREET has been listed on Realty.com since Sat June 13, 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:
RE/MAX REAL ESTATE CENTRE INC.
Listing agent:
ISMAIL HWEIJA
This content last refreshed on 2026-07-14 14:05:54. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.