$1,500,000
For sale: Other

Unlock the potential of this outstanding mixed-use investment opportunity in the heart of downtown Welland! Featuring a prime main-floor commercial space ready for your vision, this property is ideal for a restaurant, professional offices, retail, medical, or a wide range of commercial uses. The flexible layout allows the space to be customized to meet a tenant's unique business needs. Above, you'll find 5 residential rental units and 4 additional residential units behind the commercial space. Currently six units are tenanted, providing immediate rental income while offering significant upside through lease-up opportunities. Convenient downtown parking, excellent visibility, and a central location surrounded by shops, restaurants, and amenities make this a standout investment with exceptional growth potential. Whether you're looking to expand your portfolio or establish a thriving business with built-in income, this is an opportunity you won't want to miss.
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 13 days and the slowest quarter taking more than 67, across 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.
The median sale price was $429,900.
Homes sold for about 4.4% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 46 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.
Currently for sale

$1,439,000
Other67 ST PAUL STREET, 451 - Downtown, St. Catharines

$1,290,000
Other5 COURT STREET, 451 - Downtown, St. Catharines

$1,599,000
Other11178 #3 HIGHWAY, 879 - Marshville/Winger, Wainfleet

$1,500,000
Other625 INDUSTRIAL DRIVE, 332 - Central, Fort Erie

$1,390,000
Other198 WELLAND STREET, 876 - East Village, Port Colborne

$1,672,000
Other3756 NINTH STREET, 980 - Lincoln-Jordan/Vineland, Lincoln

$1,250,000
Other203 NIAGARA BOULEVARD, 332 - Central, Fort Erie

$1,650,000
Other333 MCNEILLY ROAD, Stoney Creek Industrial, Hamilton