6 Beds
2 Baths
1,735 SqFt
1920 Year Built

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.

Listed by Stephen Canjar of Real Broker Ontario Ltd.

GALLERY

462 East Main Street, Welland, ON L3B 3X6

PROPERTY DETAIL

Key Details

Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 1, 735 sqft
Price per Sqft $273
MLS Listing ID 40851144
Bedrooms 6
Abv Grd Liv Area 1,735
Year Built 1920
Annual Tax Amount $2,510
Property Sub-Type Duplex Up/Down
Source Cornerstone
Location

Province ON
County Niagara
Area Welland
Zoning CC2
Rooms

Basement Full, Unfinished
Kitchen 0
Building

Lot Description Hospital, Place of Worship, Public Transit, Schools, Shopping Nearby
Story 3
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Vinyl Siding
New Construction No

Interior

Interior Features None
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Appliance Refrigerator, Stove
Laundry Shared
Exterior

Roof Type Asphalt Shing
Lot Frontage 76.0
Lot Depth 113.0
Garage No
Others

Senior Community No
Tax ID 641150222
Ownership Freehold/None