233 King Street, Welland, ON L3B 3J6
Welland
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
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 233 King Street, Welland, ON L3B 3J6
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MLS# X13441458
Listed by RE/MAX REAL ESTATE CENTRE INC.
On market since Jun 13, 2026
What comparable homes actually sold for in the last 12 months.
233 King Street, Welland, ON L3B 3J6 is listed for $599,000 CAD.
233 King Street, Welland, ON L3B 3J6 has 6 bedrooms and 3 bathrooms.
233 King Street, Welland, ON L3B 3J6 is a Detached.
233 King Street, Welland, ON L3B 3J6 is in Welland, Ontario.
233 King Street, Welland, ON L3B 3J6 is currently for sale.
Contact Alex Morgan at +16471112222 to arrange a private showing of 233 King Street, Welland, ON L3B 3J6 (MLS# X13441458). You can also send a message through the contact form on this site.
