Tom Linkletter

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233 KING STREET, Welland, Ontario

$599,000

6 Beds
3 Baths

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 (id:23309)

Listing ID: X13441458
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	3.33 m x 2.82 m
Bedroom 2	Second level	3.02 m x 2.95 m
Bedroom 3	Second level	2.95 m x 2.56 m
Kitchen	Second level	2.9 m x 2.51 m
Bathroom	Second level	2.31 m x 1.85 m
Living room	Second level	4.29 m x 3.11 m
Living room	Main level	5.26 m x 3.3 m
Kitchen	Main level	5.49 m x 2.82 m
Bedroom	Main level	3.63 m x 2.51 m
Bedroom 2	Main level	3.32 m x 3.22 m
Bedroom 3	Main level	2.82 m x 2.77 m
Living room	Main level	3.89 m x 3.25 m
Kitchen	Main level	4.7 m x 3.18 m
Bathroom	Main level	2.5 m x 1.83 m
Bathroom	Main level	2.62 m x 1.62 m

Details

Amenities Nearby: Public Transit
Ownership: Freehold
Parking Spaces: 6
Transaction: For sale
Water Body Name: Welland Canal
Zoning Description: DMC, RM

Building

Amenities: Separate Electricity Meters
BasementType: None
Bedrooms Main Level: 6
Construction Style Attachment: Detached
Cooling: Window air conditioner
Exterior Finish: Aluminum siding
Fireplace Present: True
Foundation: Block
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2000 - 2500 sqft
Stories Total: 2
Type: House
Utility Water: Municipal water

Land

Amenities: Public Transit
Sewer: Sanitary sewer
Size Frontage: 33 ft ,1 in
Size Irregular: 33.1 x 99.3 FT

Listing provided by RE/MAX REAL ESTATE CENTRE INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 233 KING STREET in Welland Ontario. It was last modified on June 13th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Welland homes for sale.

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