GORDON KENTIE
COLDWELL BANKER ADVANTAGE REAL ESTATE
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Contact me at 905-246-6904 for all your property needs.
247 King Street
Welland
L3B 3J9
$789,900
Residential Income
beds: 0
baths: 0.0
4,200 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40835340
- Photos (50)
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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.
- Property Type:
- Residential Income
- Property SubType:
- Multi-4 Unit
- Listing General Location:
- 768 - Welland Downtown, Welland
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Details:
- 66 x 115.6
- Lot Depth:
- 115'7"
- Lot Frontage:
- 66'
- Frontage Type:
- East
- Kitchens:
- 0
- County Or Parish:
- Niagara
- Taxes:
- Signup
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Construction:
- Brick
- Basement:
- Separate Entrance, Full, Unfinished
- Foundation:
- Concrete Block
- Roof:
- Membrane
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Total Floor Area:
- 4,200 sq. ft.
- Finished Area Above Grade:
- 4,200 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Other
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- Other
- Heating:
- Natural Gas, Radiator
- Carbon Monoxide Detector
- Other
- Lighting, Private Entrance, Separate Hydro Meters
- Patio
- false
- No
- No
- Carbon Monoxide Detector
- HST Applicable To Sale Price:
- Included
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Road Access Fee:
- Signup
- Zoning:
- DMC, RM
- Exposure / Faces:
- East
- Lot Site Features:
- Rectangular, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Shopping Nearby
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Garage Spaces:
- 2.0
- Parking Places Covered:
- 2.0
- Parking:
- Attached Garage, Asphalt, Gravel, Public
- # Of Total Parking Spaces:
- 6.0
- # Of Open Parking Spaces:
- 4.0
- Driveway Parking:
- Outside/Surface/Open, Private Drive Double Wide
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Total Units:
- Signup
- Listed Date:
- Jun 04, 2026
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Three-story brick building featuring a prominent street-facing facade -
Aerial perspective showcasing a residential and commercial area with varied building styles
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Photo 3 of 50
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Photo 4 of 50
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Two-story brick building with multiple windows
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Room featuring two double-hung windows, light-toned walls, and a drop ceiling
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Interior office space featuring a wood-finish desk, a black filing cabinet, and a door with multiple glass panes
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Bathroom featuring a white vanity with a ceramic basin, chrome faucet, wall-mounted mirror, and a window providing natural illumination
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Photo 9 of 50
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Entryway featuring tile flooring, a window with natural light, and a cast-iron radiator
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Living area featuring light wood-finish flooring and a neutral wall color
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Expansive interior space featuring a prominent exposed wood beam, light wood-finish flooring, and a neutral wall color
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Powder room featuring a pedestal sink, toilet, casement window, and a wall-mounted medicine cabinet
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Photo 14 of 50
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Tiled flooring in a dining area featuring a window, painted walls, and a visible radiator
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Windowed room featuring textured walls, baseboard trim, and carpet flooring
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Kitchen featuring a white refrigerator, blue cabinetry with dark hardware, white tile backsplash, and a white oven/range
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Compact interior space featuring light-toned walls, a drop ceiling, and a window with white trim
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Carpeted room featuring a neutral wall color, white trim, and a window with a blue curtain
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Full bathroom featuring a white porcelain tub, light gray wall tile, and a built-in toilet
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Wood-finish flooring throughout the main room, featuring a recessed kitchen area with white cabinetry and a laminate countertop
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Compact kitchen featuring a white electric range with a double oven, white overhead cabinetry, and light-toned countertops
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Photo 23 of 50
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Bathroom featuring a white vanity with integrated sink, chrome faucet, wall-mounted mirror cabinet, and a shower/tub combination with a shower curtain
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Photo 25 of 50
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Bathroom featuring a white bathtub, ceramic tile surround, and an adjacent toilet
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Compact kitchen featuring white cabinetry and light-colored countertops
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Interior staircase with white painted balustrade and newel post, wood-finish flooring, white paneled doors, and a natural light source from an upper-level window
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Image quality insufficient for description
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Spacious room featuring light gray walls, white trim, and a semi-flush mount ceiling light
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Room featuring two sash windows, light blue walls, and painted wood flooring
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Room featuring a single-hung window with decorative trim, a cast-iron radiator, and light gray painted walls
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Bathroom featuring tiled walls, a window with curtain rod, a toilet, a radiator, and a wall-mounted wooden cabinet
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Bathroom vanity with white cabinetry and a white countertop, featuring an integrated sink, polished chrome faucet, and a three-panel wooden framed mirror
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Unfinished basement with concrete flooring, exposed ceiling joists, and visible wiring
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Concrete floor basement with exposed ceiling joists and support beams, featuring a wooden staircase with a partial railing
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Photo 37 of 50
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Exposed wooden ceiling beams above a concrete floor, with horizontal wood paneling on one wall
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Unfinished basement featuring a concrete floor, exposed ceiling joists, and a hot water heater
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Spacious rear yard featuring a wood-finish deck with privacy fencing, a built-in fire pit, and mature shade trees
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Photo 41 of 50
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Fenced property featuring a grass yard with natural landscaping
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Expansive wood deck featuring a perimeter privacy fence and a direct entry point to the property
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Photo 44 of 50
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Aerial view highlighting a property with a significant green space, a paved surface, and two visible structures
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Two-story property with a light-colored brick facade
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Aerial perspective showcasing an urban block with multiple structures and parking areas
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Image quality insufficient for description
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Aerial perspective showcasing a residential and commercial area with varied building styles
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Aerial perspective showcasing a mixed-use neighborhood with mature tree canopy
Listed by Real Broker Ontario Ltd.
Data was last updated June 25, 2026 at 03:50 AM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $624,900
- Min list price:
- $449,900
- Max list price:
- $1,099,900
- Avg days on market:
- 49
- Min days on market:
- 8
- Max days on market:
- 135
- Avg price per sq.ft.:
- $353.06
These statistics are generated based on the current listing's property type
and located in
Welland. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- GORDON KENTIE
- Coldwell Banker Advantage Real Estate, Brokerage
- 1 (905) 2466904
- Contact by Email
