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:49269)
Property Details
| MLS® Number | X13441458 |
| Property Type | Single Family |
| Community Name | 768 - Welland Downtown |
| Amenities Near By | Public Transit |
| Parking Space Total | 6 |
| Water Front Name | Welland Canal |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Basement Type | None |
| Construction Style Attachment | Detached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Aluminum Siding |
| Fireplace Present | Yes |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft ,3 In |
| Size Frontage | 33 Ft ,1 In |
| Size Irregular | 33.1 X 99.3 Ft |
| Size Total Text | 33.1 X 99.3 Ft |
| Zoning Description | 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 |
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June 13 2026 03:46:33
Toronto Regional Real Estate Board
RE/MAX Real Estate Centre Inc.