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132 HELLEMS AVENUE
768 - Welland Downtown Welland (Welland Downtown) L3B 3B3

$649,000
Multi-family beds: 7 baths: 4.0

Main Photo: 132 HELLEMS AVENUE in Welland (Welland Downtown): Multi-family for sale : MLS®# X13847016
Photo 1: 132 HELLEMS AVENUE in Welland (Welland Downtown): Multi-family for sale : MLS®# X13847016
Photo 2: 132 HELLEMS AVENUE in Welland (Welland Downtown): Multi-family for sale : MLS®# X13847016
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Photo 21: 132 HELLEMS AVENUE in Welland (Welland Downtown): Multi-family for sale : MLS®# X13847016
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
X13847016
Bedrooms:
7
Bathrooms:
4
Investor opportunity with a 7.5 Cap rate and two units available for new tenancies! This legal non-conforming fourplex offers a versatile unit mix with a spacious 3-bedroom main-floor unit, a 3-bedroom upper unit, a 2-bedroom upper unit, and a 1-bedroom lower-level unit. The 1-bedroom lower unit is currently vacant, with the 2-bedroom upper units becoming vacant November 1, 2026, giving a new owner the valuable opportunity to select tenants and establish new tenancies for two of the four units. Additional income potential is offered through coin-operated laundry and a detached garage. With generous unit sizes, multiple income streams and the flexibility provided by two vacant units, this property offers plenty of potential for an investor looking to reposition and add value over time. Roof updated in the last 10 years and the boiler was updated in 2013. (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
3,500 sq. ft.
Living Area (Max):
5,000 sq. ft.
Taxes:
$4,982 / 2025
Community:
768 - Welland Downtown
Features:
Separate Electricity Meters
Exterior Features:
Vinyl siding
Structure Type:
Fourplex
Appliances Included:
All, Washer, Dryer
Bedrooms:
7
Bedrooms Above Grade:
6
Bedrooms Below Grade:
1
Bathrooms:
4.0
Cooling:
None
Fireplace:
No
Foundation:
Block
Heating:
Radiant heat, Natural gas
# Storeys:
2.5
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Partially finished, Full
Lot Frontage:
55'
Lot Details:
55 x 117.4 FT
Parking:
Detached Garage, Garage
Total Parking Spaces:
5
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Listed by REVEL Realty Inc., Brokerage
Data was last updated October 1, 2026 at 09:15 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$629,900
Min list price:
$374,900
Max list price:
$1,399,000
Avg days on market:
57
Min days on market:
1
Max days on market:
167
Avg price per sq.ft.:
$284.26
These statistics are generated based on the current listing's property type and located in 768 - Welland Downtown. Average values are derived using median calculations. This data is not produced by the MLS® system.
PHYLLIS DE PROPHETIS
DENNIS DE PROPHETIS
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.