233 King Street
768 - Welland Downtown, Welland, L3B 3J6
FOR SALE
$599,000
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6
BEDROOMS 3
BATHROOMS 3
KITCHENS 16
ROOMS X13441458
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Property Description
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
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2022-08-08 | 2022-09-02 | 25 | $489,000 | $470,000 |
Property Features
Public Transit, In-Law Capability, Separate Hydro Meter
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Property Details
Address
233 King Street
Community
City
Postal Code
L3B 3J6
Property Type
Detached, Detached
Zoning
DMC, RM
Lot Size
33' x 99'
Taxes
$4,637 (2025
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Listing contracted with Re/Max Real Estate Centre Inc.
This well-maintained 2.5-storey home offers approximately 1,800+ sq. ft. of living space with 5+2 bedrooms, providing versatile living arrangements for a variety of needs. The property combines original character with thoughtful updates throughout.The main floor features bamboo flooring, approximately 9.5-ft ceilings, updated windows,modern lighting, and a separate dining room. The traditional layout offers comfortable living spaces with plenty of flexibility for everyday living and entertaining. Conveniently located near Highway 406, Seaway Mall, the Welland Canal, Niagara College, and public transit, providing easy access to nearby amenities, transportation routes, and services. The property is zoned RL2. Potential for an accessory unit may be available, subject to applicable municipal requirements, approvals, and buyer verification. A well-located property offering space, character, and flexibility, with features that may appeal to homeowners and buyers seeking additional living options. Buyer and buyer's representative to verify all measurements, room dimensions, permitted uses, zoning, and municipal requirements.
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Situated in one of Welland's most sought-after neighbourhoods, this well-maintained legal duplex offers an outstanding opportunity for investors or those looking to add a quality income property to their portfolio. Nestled among mature trees and beautiful character homes, Chippawa Park is known for its charm, walkability, and unbeatable convenience to schools, restaurants, shopping, professional services, public transit, and quick highway access.This spacious duplex features two 3-bedroom units, both currently occupied by excellent month-to-month tenants paying $1,800 per month plus hydro, providing immediate rental income with future flexibility.The main floor unit offers a generous open-concept kitchen, a bright and expansive living room located in a rear addition, a spacious 4-piece bathroom complete with a separate shower and corner soaker tub, abundant storage, and a welcoming covered front porch.The upper unit showcases beautiful original hardwood flooring, open convent layout, three bedrooms, a 4-piece bathroom, and a charming covered front balcony overlooking this picturesque neighbourhood.Outside, enjoy a fully fenced backyard, ample parking, and two storage sheds. The basement is currently shared, offering common laundry facilities and access to each unit's separate hydro panel. For added value and convenience, the basement layout offers the potential to be divided, allowing each unit its own dedicated laundry, storage area, and hydro panel access.Whether you're looking for a solid investment with reliable rental income or a property with future owner-occupancy potential, this duplex combines strong cash flow with one of Welland's most desirable locations.
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TURNKEY INCOME-GENERATING PROPERTY. Freshly painted 8-bedroom (total), 3-bath detach in high-demand North Welland, offering excellent rental potential and strong tenant demand. FACING Niagara College's biggest campus, transit stop directly across the street, and minutes to the Seaway Mall, YMCA, grocery stores, and Hwy 406. Attached garage plus ample driveway parking. Possibility to create two separate units (buyer to verify), making it ideal for even higher cash flow. An ideal opportunity to add a dependable, high-demand rental to your portfolio or step confidently into your first investment.
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Fantastic opportunity to own this 5 bedroom, 2 storey home! There are so many amazing features to this gem. The main floor features a large open concept family room combined with the kitchen with easy care laminate flooring.The kitchen offers an island with a cook top, built in range and plenty of cupboards and counter space. This area is full of possibilities, with this much space you can put your dinning area and a living area. There is a front living room offering a bit of privacy and a main floor bedroom with an attached office or use it as large closet. The laundryroom is on the main floor beside the 3 piece bathroom. Upstairs offers 4 bedrooms and a 4 piece bathroom. The primary bedroom was recently redone and is huge with a walk in closet and fabulous windows. Next door is a storage closet complete with laundry hook up and a sink. Outside, the roof, siding and windows have been updated and the driveway has parking for 4 vehicles.The garage was rebuilt in 2018. There is a small park at the end of the street and walking distance to schools, shopping and amenities.This home is truly move in ready and waiting for its next owner!
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Welcome to 163 Rice Road, a beautifully updated 3-bedroom home for sale in Welland offering the perfect combination of comfort, style, and outdoor living. Ideal for first-time home buyers, growing families, downsizers, or investors, this move-in-ready property features numerous recent upgrades and exceptional value in one of Welland's established neighbourhoods. Step inside to discover new flooring throughout (2026), complemented by new windows (2025), doors (2026) and trim (2026) that give the home a fresh, modern feel. The inviting living room is centred around a cozy gas fireplace. The functional kitchen comes complete with stainless steel appliances, including a fridge and stove, while the bright sunroom provides the perfect place to enjoy your morning coffee or unwind while overlooking the backyard. The home offers three bedrooms, a well-appointed 4-piece bathroom, and a partially finished basement that provides flexible living space for a family room, home office, gym, or more bedrooms. Additional updates include a new water heater (2025) offering added peace of mind. Step outside and discover your own private backyard oasis. The large fully fenced yard offers plenty of space for children, pets, and outdoor entertaining, while the above-ground pool is perfect for cooling off on warm summer days. Relax and unwind in the hot tub (2025) on the backyard patio, creating the perfect setting to enjoy every season. A spacious front deck (2026) adds even more outdoor living space, making this home ideal for hosting family gatherings or enjoying quiet evenings outdoors. Conveniently located close to schools, parks, shopping, restaurants, public transit, and major highways, 163 Rice Road offers the perfect blend of convenience and lifestyle. Whether you're searching for a move-in-ready home in Welland, your first property, or a smart Niagara real estate investment, this home is an opportunity you won't want to miss.
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