132 Hellems Avenue
Welland Downtown · Welland, ON L3B 3B3
Listing brokerage: REVEL Realty Inc., Brokerage
Asking price
$649,000
Key facts
- MultiplexProperty type
- 7Bedrooms
- 4Bathrooms
- 5 spacesParking
- 4,250 sq ftLiving space
- 55 ftLot frontage
- Oct 1, 2026Listed
- 39 daysOn market
- X13847016MLS® number
About this home
Investor opportunity with a 7.5 Cap rate and two units available for new tenancies! This legal non-conforming fourplex offers a versatile unit mix with a spacious 3-bedroom main-floor unit, a 3-bedroom upper unit, a 2-bedroom upper unit, and a 1-bedroom lower-level unit. The 1-bedroom lower unit is currently vacant, with the 2-bedroom upper units becoming vacant November 1, 2026, giving a new owner the valuable opportunity to select tenants and establish new tenancies for two of the four units. Additional income potential is offered through coin-operated laundry and a detached garage. With generous unit sizes, multiple income streams and the flexibility provided by two vacant units, this property offers plenty of potential for an investor looking to reposition and add value over time. Roof updated in the last 10 years and the boiler was updated in 2013.
Price history
- Listed$649,000
Location
132 Hellems Avenue, Welland
Schools & transit
School locations and boards shown from open data. We do not publish rankings; any future scores will be sourced, dated and shown factually.
Nearby schools
- Sacred Heart Private SchoolPrivate · Elementary · 692 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Bronston Canadian AcademyPrivate · K–12 · 716 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Plymouth Public SchoolDSB Niagara · Elementary · 801 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
Nearby transit
Lines nearby: GO Lakeshore West, 11, 12
- Brock UniversityGO Transit · 14.3 km in a straight line · about 179 min walk (estimate) · 11
- St. Catharines GOGO Transit · 17.6 km in a straight line · about 220 min walk (estimate) · GO Lakeshore West
- Stanley Ave. @ Hwy. 420 Park & RideGO Transit · 17.7 km in a straight line · about 222 min walk (estimate) · 12
Sources
- Contains information licensed under the Open Government Licence – Ontario. Source: Ontario Ministry of Education.
- Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service.
MLS® #X13847016
Last updated Oct 1, 2026
MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA)/the applicable board and identify the quality of services provided by real estate professionals who are members.
Listing data is provided under licence by the Toronto Regional Real Estate Board and is deemed reliable but not guaranteed accurate.
