$649,000
Est. payment $2,874/moCalculate yours
264 Hellems Avenue, Welland, ON L3B 3B7
768 - Welland Downtown, Welland, ON L3B 3B7
- 5 + 2 Beds
- 2 Baths
- 14 Garage
- 1,100 Sq Ft
Listing courtesy of RE/MAX ESCARPMENT REALTY INC. MLS® X13809880
About this home
Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42′ x 210′ lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 5 + 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Unknown
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 42 x 210.03 Feet
- Parking
- Detached garage · 24 total
Financial
- Property Taxes
- $4,412 (2025)
Location
- Neighbourhood
- 768 - Welland Downtown
- Cross Street
- Lincoln St/Hellems Ave
- Direction Faces
- East
Listing
- MLS® Number
- X13809880
- Days on Market
- 27
- Listed On
- 2026-09-21
- Possession
- 60-90
- Listed By
- RE/MAX ESCARPMENT REALTY INC.
Rooms
Features
Interior
- Separate Hydro Meter
- Storage
Pool
- None
- Included
- All furniture (5 beds, 5 fridges, 5 nightstands, 5 desks), 2 kitchen fridges, 2 stoves, washer/dryer, 1 dishwasher.
- Excluded
- Tenants' belongings
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$2,874 per month
- Principal and interest
- $2,874
- Property tax
- $368
- Condo fees
- $0
- Estimated monthly cost
- $3,241
Your mortgage
- Mortgage amount
- $519,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $342,889
Cash to close
- Down payment
- $129,800
- Land transfer tax
- $9,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $139,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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