$649,000
264 Hellems Avenue, Welland, ON L3B 3B7
Welland Downtown
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
Welland Downtown · L3B 5N4
$800,000
$1,143 / sq ft3 months on market
INVESTMENT & INDUSTRIAL DEVELOPMENT OPPORTUNITY! Rare 4+ acre property with sought-after GEC(Gateway Economic Centre) zoning under City of Welland Zoning By-law, offering exceptional future potential in a prime, high-demand location. Two fully renovated homes generate immediate rental income: a 3-bedroom (currently tenanted) plus a 2-bedroom, 1-bath, both on full city services. Tucked at the end of a quiet dead-end cul-de-sac, 2 minutes from major retailers and5 minutes to downtown, and directly abutting MTO/Highway 406 lands for outstanding access and exposure. Approximately half the land is cleared and usable; the wooded rear offers hardwoods, softwoods and evergreens, plus a natural pond. Flexible GEC zoning permits a wide range of commercial/industrial uses including light industrial, warehouse/public storage, trucking operation, parking lot (truck & vehicle parking), repair shops & services, custom workshop, contractor's establishment, heavy equipment sales/rental/service, commercial school, technology industry, research & development and many more (outside storage permitted as an accessory use).A turnkey income property with exceptional long-term upside, ideal for investors, developers and owner-operators. See attached zoning schedule for the full list of permitted uses. Don't miss this commercial/industrial land opportunity with existing residential cash flow!
8 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Dining Room | Main | 4.17 × 2.90 m13.7 × 9.5 ft | — |
| Living Room | Main | 5.38 × 4.06 m17.7 × 13.3 ft | — |
| Laundry | Main | 3.96 × 3.66 m13.0 × 12.0 ft | — |
| Bedroom | Main | 3.96 × 3.66 m13.0 × 12.0 ft | — |
| Bedroom 2 | Second | 4.01 × 3.76 m13.2 × 12.3 ft | — |
| Bedroom 3 | Second | 4.17 × 2.84 m13.7 × 9.3 ft | — |
| Bedroom | Second | 4.17 × 2.84 m13.7 × 9.3 ft | — |
| Bathroom | Second | — | 4 Pc Bath |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 95% of comparable detached listings in Welland Downtown are asking less.
Based on 22 comparable active detached listings in Welland Downtown. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $800,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX PRESIDENT REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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$649,000
Welland Downtown
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
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Listing courtesy of HOMELIFE/MIRACLE REALTY LTD
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Listing courtesy of ROYAL LEPAGE NRC REALTY