$389,990
For sale: Other

EXCELLENT INVESTMENT OPPORTUNITY! 2X-2 BED APARTMENTS + RETAIL STORE FRONT + 3X OFFICES. Multi-use commercial property in the heart of Welland's downtown core, offering approximately 3,600 sq. ft. above grade and a strong combination of commercial and residential income potential. The high-visibility main floor features a retail storefront perfect for small business owners Like Hair Salon, Nail Spa,Vape shop, Antique shop or many other kind of businesses. You are Also getting three office spaces, and a kitchen area on the main floor, while the second floor offers two self-contained 2-bedroom residential apartments, with a total of 3 kitchens and 3 bathrooms throughout the property. With Impressive over 10% cap rate potential, this property is an attractive opportunity for investors seeking multiple income streams. NEW ROOF AND FURNACE(SEP 2026)
Sold data
Homes in Welland Downtown took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 63, across 48 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $427,400.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 48 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (Welland Downtown) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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