49
$1,324,900
214 King Street, Welland, ON L3B 3J7
Welland Downtown
10 ba
11,324 sf
2 months on marketMLS® X13711606
Listing courtesy of RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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For saleMLS® X13632498
77 East Main Street S, Welland, ON L3B 3W4
Welland Downtown · L3B 3W4
$1,500,000
$136 / sq ft3 months on market
- Total area
- 11,000 sf
- Lot
- 40.05 × 134.6 ft
What's special
- Yes
About this property
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.
Property details
Property
- Property type
- retail
- Interior size
- 11,000 sq ft
- Lot size
- 40.05 × 134.6 ft
- Zoning
- DMC
- Possession
- 60-89 days
Interior
- Heating
- Radiant
- Cooling
- Yes
Costs
- List price
- $1,500,000
- Property taxes
- $7,080 / year (2025)
- Price per sq ft
- $136
Listing
- MLS® number
- X13632498
- Status
- For sale
- Listed
- August 4, 2026
- Days on market
- 93
- Last updated
- August 4, 2026
- Listing brokerage
- REVEL Realty Inc., Brokerage
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 100% of comparable retail listings in Welland are asking less.
$458KMedian $850K$1.35M
- This home
- $136 / sq ft
- Comparable median
- $117 / sq ft
Based on 9 comparable active retail listings in Welland. These are asking prices, not sale prices.
Mortgage estimate
Down payment20.0% · minimum $300,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $6,635.01
- Property tax (est.)
- $590.00
- Estimated monthly
- $7,225
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $26,475
- Total due on closing
- $26,475
An estimate on the asking price of $1,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REVEL Realty Inc., Brokerage. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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