Welland Real Estate | Welland Multi-Family Homes for Sale

LEGALLY REGISTERED 5-PLEX ASSET WITH FANTASTIC INVESTMENT FLEXIBILITY! Welcome to 13 McMaster Ave, a purpose-built multi-residential property situated on a massive 63' x 190' lot with premium medium-density RM/RL2 zoning steps from the Welland Canal. This structurally efficient building features an ideal layout of two spacious, 2-bedroom units per floor, offering an excellent mix of baseline income stability alongside flexible buyer possession options. The ultimate equity play sits in the full, unfinished walk-up basement with separate exterior access; it is fully grandfathered and taxed by MPAC as a 5-plex, featuring intact plumbing rough-ins where the 5th unit previously sat. Rebuild the 5th suite to instantly scale your asset valuation while completely avoiding costly municipal development fees. Property is being sold in as-is condition, allowing you to execute your own custom updates, capitalize on realistic market rent targets of $1,800/month, and maximize your forced-equity margins in a top Niagara rental pocket. Perfect for an investor looking for a value-add project with incredible structural bones or a buyer looking for a multi-generational setup. (id:5764)

13 MCMASTER Avenue, Welland

Listing courtesy of RE/MAX Escarpment Realty Inc..

$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 .

$474,900

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..

$762,000

6 Beds ⋅ 4 Baths ⋅ 40840150 MLS® #

Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering a legal duplex plus an ADU. The property features two units in the main building and a standalone 2-bedroom Additional Dwelling Unit (ADU), 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 ADU 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..

$749,900

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..

$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..

$1,049,900

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..

$499,900

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..

$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..

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