Welland Real Estate | Welland Multi-Family Homes for Sale

Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review. (id:5764)

462 EAST MAIN Street, Welland

Listing courtesy of Real Broker Ontario Ltd..

$780,000

4 Beds ⋅ 3 Baths ⋅ 40850268 MLS® #

This exceptional turn-key investment is generating income the moment you close. Featuring a meticulously updated legal duplex plus an additional accessory unit - all fully renovated with permits since 2021 - this property is the definition of hands-off ownership. Modern electrical, plumbing, and HVAC systems mean low maintenance and long-term peace of mind. All three units are occupied by A+ tenants, with utilities paid by tenants, maximizing your net return from day one. Situated on a spacious lot with ample parking for each unit, the property is both practical and highly desirable to renters. Professional property management is already in place and available to be retained, ensuring a seamless transition with no gaps in cash flow. Rare, renovated, and revenue-ready - don't miss this one! (id:5764)

76 MARC Boulevard, Welland

Listing courtesy of .

$494,900

3 Beds ⋅ 2 Baths ⋅ 40844483 MLS® #

Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure—simply start collecting. The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system. Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don't miss this rare, stress-free income generator! (id:5764)

314 BROADWAY, Welland

Listing courtesy of Real Broker Ontario Ltd..

$399,000

4 Beds ⋅ 3 Baths ⋅ 40844280 MLS® #

Welcome to 51 Plymouth Road in the heart of Welland, an excellent investment opportunity with strong income potential and multiple value-add features. This versatile property offers two self-contained two-bedroom units with separate hydro meters, making it ideal for investors seeking a turnkey duplex, house-hackers looking to offset living expenses, or buyers wanting a flexible multi-unit setup. Both units feature bright, functional layouts with ample parking, generous storage, and a spacious yard that adds tenant appeal. Recent updates help minimize immediate capital expenses and include leveling and insulating the front room with new doors, flooring, and roofing, fresh paint throughout, new shingles on the lower roof (main roof approximately 10 years old), hydro added to the backyard shed and refrigerated storage unit, a new fridge and dishwasher in the upper unit, and a newer stove in the lower unit. The refrigerated storage unit also includes custom-built shelving, providing added utility and storage options. Located close to schools, parks, shopping, public transit, and major commuter routes, this property is positioned in a desirable rental market within the growing community of Welland. Whether you're expanding your portfolio or entering the investment market, offers flexibility, rental income potential, and long-term upside in an increasingly sought-after area. (id:5764)

51 PLYMOUTH Road, Welland

Listing courtesy of RE/MAX Niagara Realty Ltd..

$772,000

6 Beds ⋅ 4 Baths ⋅ 40840150 MLS® #

Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering 3 fully self-contained legal units. The property features two units in the main building and a standalone 2-bedroom garden suite, all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, and access to a private front balcony. The garden suite includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rents, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location. (id:5764)

111 MCALPINE Avenue South, Welland

Listing courtesy of Rock Star Real Estate Inc..

$629,900

5 Beds ⋅ 3 Baths ⋅ 40839778 MLS® #

Turnkey LEGAL TRIPLEX in the heart of Welland delivering strong, reliable income. Situated on an exceptional 60 x 153 ft corner lot, this property offers rare outdoor space and the potential for up to 10-car parking, ideal for tenants and future flexibility. This well maintained building features three self-contained units, each with separate hydro meters and private in-suite laundry, a highly desirable setup for both investors and end-users. A shared front foyer provides access to the main and upper units, while the lower unit enjoys a separate rear entrance for added privacy. A sump pump has also been installed for added peace of mind. **UNIT 1 is bright featuring a comfortable living space, eat-in kitchen, one bedroom, four-piece bath, and its own laundry (Tenanted $1,350 + 20% utilities). **UNIT 2 offers both main floor and 2nd floor living, a spacious layout with a large living area, oversized kitchen with ample cabinetry, two bedrooms, and a four-piece bathroom (Tenanted $1,650 + 40% utilities). **The LOWER UNIT 3 is a 2 bed room, fully finished with a newer kitchen, updated bathroom, and modern flooring, offering a large living area, dedicated dining space, and in-suite laundry (Currently Vacant market rent $1,575 + 30% utilities). Ideal for investors seeking a low-maintenance asset with strong cash flow, or buyers looking to live in one unit while generating rental income. Extensive upgrades include full legalization of Triplex in 2023 with a 200-amp electrical panel, upgraded 1? plumbing, and complete renovation of the lower unit (kitchen, bath, flooring, paint, fixtures). In 2026, the upper unit was further improved with a new kitchen, doors, baseboards, and fresh paint throughout. (id:5764)

428 THOROLD Road, Welland

Listing courtesy of Rock Star Real Estate Inc..

$585,000

40823674 MLS® #

LEGAL TRIPLEX – FULLY RENOVATED & TURNKEY INVESTMENT OPPORTUNITY. Welcome to 27 Lasalle Street, a well-maintained and professionally updated triplex offering three self-contained 1-bedroom, 1-bathroom units. Each unit features a functional layout, in-suite laundry, separate entrances, and dedicated parking, providing strong appeal to quality tenants. All units are currently tenanted at market rents, with tenants paying hydro and a portion of water, creating a stable and predictable income stream from day one. Additional features include ductless heating and cooling systems in each unit and a roof in excellent condition, contributing to operational efficiency and tenant comfort. Located in a highly accessible area of Welland, the property is within close proximity to parks, schools, Niagara College Welland Campus, shopping, restaurants, and the Welland Canal Parkway. East Main Street amenities are just a short walk away, with quick access to Seaway Mall and Highway 406. Port Colborne is approximately a 12-minute drive.An ideal opportunity for investors seeking a clean, stabilized multi-residential asset in a growing market. (id:5764)

27 LASALLE Street, Welland

Listing courtesy of eXp Realty.

$789,900

40835340 MLS® #

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. (id:5764)

247 KING Street, Welland

Listing courtesy of Real Broker Ontario Ltd..

$599,900

6 Beds ⋅ 3 Baths ⋅ 40833258 MLS® #

Not Your Typical Legal Duplex, This Exceptionally Spacious Sidesplit Offers Remarkably Large Room Sizes Throughout And Endless Flexibility For Investors, End Users, Or Multigenerational Families Looking To Live With Grandparents, In-Laws, Or Siblings While Maintaining Privacy. Both Self-Contained Units Offer Over 1,100 Sq. Ft., Making This One Of The Largest Duplex Layouts In One Of North Welland's Most Sought-After Neighbourhoods. The Vacant Main Floor Features An Open Concept Design With 3 Spacious Bedrooms, A Full Bath, Private In-Suite Laundry, A Bright Upper Hallway, Floor-To-Ceiling Stone Wall With Gas Fireplace In The Living Room, Patio Doors From The Dining Room To The Rear Yard, And Solid Wood Kitchen Cabinetry Complemented By Updated Countertops. The Legal Accessory Dwelling, Professionally Finished In 2019, Offers 3 Bedrooms, 2 Full Baths, Its Own Private Entrance, Separate Hydro Meter, Dedicated Laundry, And Excellent Tenant Appeal With AAA+ Month-To-Month Tenants Willing To Vacate. With No Side Yard Neighbours, The Property Enjoys Added Privacy And An Abundance Of Natural Sunlight Streaming Through Both Levels. Plenty Of Parking, Separate Entrances, Assigned Parking Spaces, Roof Updated In 2021, And A Prime Location Close To Schools, Shopping, Transit, And Every Amenity Make This An Outstanding Opportunity To Own A Turnkey Legal Duplex With Strong End-User And Investment Appeal. (id:5764)

29 HEATHER Court, Welland

Listing courtesy of Rock Star Real Estate Inc..

$449,900

3 Beds ⋅ 2 Baths ⋅ 40831584 MLS® #

478 East Main Street offers a practical opportunity for investors, owner-occupants, or buyers looking for flexible space in a central Welland location. This approximately 2,000 sq. ft. up/down duplex features a spacious 1-bedroom main-floor unit and a renovated 2-bedroom upper unit, which is currently vacant and ready for its next use. With separate entrances and separate hydro meters, the layout provides clear separation between the two units and supports a variety of ownership options. The property also includes a private rear patio, parking for approximately 3-4 vehicles, and a roof updated in 2020. Located along East Main Street, this address offers convenient access to downtown Welland, shopping, restaurants, everyday amenities, the Welland Canal, Niagara College, and commuter routes throughout Niagara. A functional, well-positioned property with income potential, flexibility, and strong long-term value. (id:5764)

478 EAST MAIN Street, Welland

Listing courtesy of Royal LePage NRC Realty Inc..

$1,099,900

40829972 MLS® #

A turnkey, income generating property in the heart of Welland. This exceptionally well maintained, 5-unit residential apartment building sits in a highly desirable central location, offering strong rental appeal and long-term value, with significant recent capital improvements including a new hot water heating system (2024), newer vinyl thermo windows 2018, and with on-site laundry for all tenants. Most units feature updated flooring and fresh paint, while the exterior stucco 2021 is in excellent condition reflecting the pride of ownership. Tenants benefit from an unbeatable location within walking distance to a major shopping plaza on Lincoln St., two elementary schools, the scenic Welland Canal walking and cycling paths, and vibrant downtown amenities. This property is also serviced by the Niagara Region wide bus route, making it attractive to a broad tenant base. Additional highlights include separate hydro meters, on site parking, and a double car garage at the rear of the property with the potential to generate an additional $1,200 annually by renting out half the garage space. Currently tenanted by quality, reliable residents, this solid and centrally located multi-unit investment asset represents a rare find in one of Niagara's growing communities. (id:5764)

256 LINCOLN Street, Welland

Listing courtesy of Real Broker Ontario Ltd..

$529,900

6 Beds ⋅ 4 Baths ⋅ 40823281 MLS® #

Investment opportunity at 307 Wallace Street in the heart of Welland — one of Niagara’s growing and most investor friendly cities. This solid fourplex offers value for investors seeking cash flow and long term upside, featuring four separate hydro meters and zoned Residential Medium Density (RM). This centrally located asset is well positioned to deliver. Situated in a mature, established neighbourhood, the property is within walking distance of the Lincoln Street Plaza and offers easy access to public transit, schools, parks, and everyday amenities. Just minutes from Downtown Welland, a core undergoing active renewal with canal access, heritage buildings, and walkable businesses and the iconic Welland Canal walking and cycling trails. The City of Welland recently celebrated the near completion of approximately 4.5 kilometres of new multi-use trails, further enhancing active transportation and connectivity throughout the city. Niagara College is a short drive away, ensuring a consistent and diverse tenant pool of students, faculty, and tradespeople year round. Quick access to Highway 406, connecting tenants seamlessly across the entire Niagara Region. Priced to sell, 307 Wallace is a smart, strategic addition to any real estate portfolio in Niagara’s most exciting emerging investment market. (id:5764)

307 South WALLACE Avenue South, Welland

Listing courtesy of Real Broker Ontario Ltd..

$499,900

3 Beds ⋅ 3 Baths ⋅ 40824702 MLS® #

Three Self-Contained Units Offering Strong Income Potential With An Added Opportunity To Acquire A Rare Severed Side Lot For Additional Future Development If Desired. This Property Is Ideal For Investors Looking To Expand Their Portfolio Or Buyers Seeking A House Hack Opportunity While Benefiting From Long-Term Upside. Unit 1 Is Located On The Front Ground Floor And Was Fully Renovated In 2020 With A Modern Kitchen, Updated Bathroom, And New Flooring, Currently Rented At $1,100/Month + 33% Utilities. Unit 2 Located On The Second Floor Was Refreshed In 2021 With Updated Flooring And Vanity And Is Currently Vacant, Providing An Excellent Opportunity To Set Market Rent Or Move In. Unit 3 The Rear Ground Floor Unit Provides Stable All-Inclusive Income At $1,100/Month. Tenants Are Excellent And On Month-To-Month Leases, Offering Flexibility To Optimize Rents Over Time. Key Updates Include Shingles (2016), Windows, Electrical Wiring, And Portions Of The Plumbing. As An Added Bonus, A Separately Severed Side Lot Is Available With Concept Plans Showing Potential For A Triplex Or Sixplex Development, Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth. (id:5764)

26 ALBINA Street, Welland

Listing courtesy of Rock Star Real Estate Inc..

$619,900

6 Beds ⋅ 2 Baths ⋅ 40823682 MLS® #

Excellent North Welland investment opportunity! This fully renovated legal duplex offers strong income potential and flexibility, ideal for investors or those looking to live in one unit while generating rental income from the other. Situated on a generous 60 x 132 ft lot, this solid brick property features two self-contained units with separate hydro meters. The upper unit spans approximately 1,700 sq ft across the main and second floors, offering 4 spacious bedrooms, a 4-piece bathroom, a large living room, separate dining area, and a fully renovated kitchen with granite countertops and stainless steel appliances. In-suite laundry and oversized windows provide added convenience and natural light. The legal basement apartment features a separate entrance and offers approximately 850 sq ft with 2 bedrooms plus a den and 1 bathroom. This recently renovated unit includes vinyl plank flooring, a modern kitchen with stainless steel appliances, in-suite laundry, egress windows, and full fire and sound separation—making it fully compliant and rental-ready. The property also includes a private, fully fenced yard with mature trees, parking for up to 5 vehicles, and a detached double-car garage with new roof and doors—ideal for additional income potential, storage, or a workshop. Located close to downtown Welland, parks, schools, public transit, golf, and highway access, this turn-key duplex is a rare opportunity offering immediate income potential and long-term value. (id:5764)

78 PRICE Avenue, Welland

Listing courtesy of EXP REALTY.

$589,900

3 Beds ⋅ 3 Baths ⋅ 40821966 MLS® #

Welcome to 14 Avenue Place in the heart of Welland's evolving downtown core, a turnkey triplex opportunity primed for strong returns. This 1,691 sq ft property features three self-contained units, including two fully renovated one-bedroom suites taken back to the studs, offering modern finishes and the ability to set market rents immediately. With two units delivered vacant, investors have a rare chance to optimise income from day one. This property sits just steps from the Welland Farmers' Market, Merritt Amphitheatre, and the scenic recreational canal with its extensive walking and biking trails. Tenants will appreciate the walkable lifestyle, access to green space, and proximity to transit and downtown amenities. The building includes three kitchens, three bathrooms, and essential appliances, making it a straightforward addition to any portfolio. Whether you are expanding or entering the investment market, this is a strategic acquisition in a rapidly transforming neighbourhood with long-term upside. (id:5764)

14 AVENUE Place, Welland

Listing courtesy of RE/MAX Escarpment Golfi Realty Inc..

$1,050,000

6 Beds ⋅ 3 Baths ⋅ 40816682 MLS® #

Newly built Tri-plex! 3 x 2 bedroom units. A multi-residential investment property located at 40 & 46 Pietz Ave in Welland, completed in early 2025 the reputable local builder - Silvergate Homes. This turnkey asset features three well-designed 2-bedroom, 1-bathroom units, each with its own private entrance for enhanced tenant privacy. Each unit is thoughtfully finished with modern open-concept layouts, spacious kitchens and living areas, ample storage, and full bathrooms with tubs. Each tenant benefits from in-suite laundry with new washer and dryers, plus individual HVAC systems for independent comfort and efficiency. In total, the property offers approximately 2,939 sq ft of clean, functional, low-maintenance living space. Located on a quiet street just off Broadway St., in Welland’s South West end, the property provides excellent access to local parks, schools, transit, shopping, dining, and quick highway connections via HWY 58 and 406. Its location continues to attract strong, stable tenant demand from families, professionals, and tradespeople—further supported by proximity to Niagara College and ongoing regional growth. With brand-new in 2024 construction, investors benefit from minimal maintenance, reduced capital costs, and strong rental potential in one of Niagara’s most promising markets. These properties can be purchased separately or together 40 and 46 Pietz Ave Welland. (id:5764)

40 PIETZ Avenue, Welland

Listing courtesy of Real Broker Ontario Ltd..

$1,050,000

40816647 MLS® #

Newly built Tri-plex! 3 x 2 bedroom units. A multi-residential investment property located at 40 & 46 Pietz Ave in Welland, completed in early 2025 the reputable local builder - Silvergate Homes. This turnkey asset features three well-designed 2-bedroom, 1-bathroom units, each with its own private entrance for enhanced tenant privacy. Each unit is thoughtfully finished with modern open-concept layouts, spacious kitchens and living areas, ample storage, and full bathrooms with tubs. Each tenant benefits from in-suite laundry with new washer and dryers, plus individual HVAC systems for independent comfort and efficiency. In total, the property offers approximately 2,939 sq ft of clean, functional, low-maintenance living space. Located on a quiet street just off Broadway St., in Welland’s South West end, the property provides excellent access to local parks, schools, transit, shopping, dining, and quick highway connections via HWY 58 and 406. Its location continues to attract strong, stable tenant demand from families, professionals, and tradespeople—further supported by proximity to Niagara College and ongoing regional growth. With brand-new in 2024 construction, investors benefit from minimal maintenance, reduced capital costs, and strong rental potential in one of Niagara’s most promising markets. These properties can be purchased separately or together 40 and 46 Pietz Ave Welland. (id:5764)

46 PIETZ Avenue, Welland

Listing courtesy of Real Broker Ontario Ltd..

$679,900

5 Beds ⋅ 4 Baths ⋅ 40802183 MLS® #

Solid Triplex Investment Opportunity in a Convenient Welland Location. This Well-Maintained 200 AMP Multi-Unit Property Offers a Versatile Layout with Strong Income Potential and Added Bonus Space. Unit #1 (Main Level) Features a Spacious 3-Bedroom Layout with a 4-Piece Bathroom, Full Kitchen, Dining Room, Living Room, and a Bright Sunroom, Making it Ideal for an Owner-Occupier or Premium Rental Unit. Units #2 and #3 are Located Upstairs and Each Offer a 1-Bedroom Layout with a Kitchen, Living room, and 4-Piece Bathroom, Providing Efficient and Desirable Rental Configurations. All Three Units Share Common Laundry Facilities Located in the Basement. Bonus: The Basement also Includes an Additional Kitchen, 3-Piece Bathroom, and a Separate Room with the Potential for its Own Laundry, Offering Excellent Flexibility for Extended Family Use, Future Value-Add Opportunities, or Enhanced Functionality. Conveniently Located Close to Amenities, Transit, Schools, and Services, this Property is Well-Suited for Investors Looking to Add a Stable Multi-Residential Asset to Their Portfolio or Buyers Seeking a Live-in Investment with Multiple Income Streams. (id:5764)

17 LYONS Avenue, Welland

Listing courtesy of RE/MAX Escarpment Realty Inc..

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