132 HELLEMS AVENUE - Main photo, Welland (Welland Downtown), Ontario

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$649,000

132 HELLEMS AVENUE — Welland (Welland Downtown), Ontario

L3B3B3

REVEL Realty Inc., Brokerage

MLS® X13847016

7Beds

4Baths

5Parking

About This Property

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:63357)

REVEL Realty Inc., BrokerageMLS® X13847016

Property Location

Map

Property Details

Property Type: Multi-Unit
Bedrooms: 7
Bathrooms: 4
Stories: 2.5
Status: Active
MLS® Number: X13847016

Location & Neighborhood

What's nearby 132 HELLEMS AVENUE

Nearby Schools

Plymouth
School
0.8 km
St Mary
School
1.0 km
Notre Dame
School
1.2 km
St Kevin
School
1.3 km
Ross
School
1.3 km

Parks & Recreation

Canal Terrace
park
0.4 km
Merritt Park
park
0.4 km
Guerrilla Garden Park
park
0.5 km

Transit Access

34 Niagara College Campus Link
Bus Stop
0.3 km
506 Ontario Road
Bus Stop
0.3 km
502 Rice Road
Bus Stop
0.4 km
505 Lincoln Street - Wellington Street
Bus Stop
0.4 km
25 Port Colborne
Bus Stop
0.4 km

Local Amenities

Grocery

Jamaican Dishes and Groceries0.2 km
Joy of Calabria0.3 km

Coffee & Cafes

Express Donuts0.3 km

Dining

Patti's Place0.3 km
Mario's Place0.3 km

Fitness

Unnamed0.3 km
good4u0.3 km

Banking

RBC0.3 km

Pharmacy

Rose City Pharmacie0.4 km

POI data updated 10/2/2026

Last updated: Oct 1, 2026

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