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For saleMLS® X13809850

264 Hellems Avenue, Welland, ON L3B 3B7

Welland Downtown · L3B 3B7

$649,000

$74 / sq ft

1 months on market

Bathrooms
2
Interior
8,712 sf
Lot
42 × 210.03 ft

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About this property

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.

Property details

Property

Property type
vacant land
Bathrooms
2
Interior size
8,712 sq ft
Lot size
42 × 210.03 ft
Zoning
RL2
Possession
60-90

Exterior & services

Sewer
Sanitary Available

Costs

List price
$649,000
Property taxes
$4,412 / year (2025)
Price per sq ft
$74

Listing

MLS® number
X13809850
Status
For sale
Listed
September 21, 2026
Days on market
44
Last updated
September 25, 2026
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

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 in line with comparable listings — about 65% of comparable vacant land listings in Welland are asking less.

$160KMedian $345K$2.02M
This home
$74 / sq ft
Comparable median
$36 / sq ft

Based on 37 comparable active vacant land listings in Welland. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.1% · minimum $39,900
$39,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,367.82
Property tax (est.)
$367.67
Estimated monthly
$3,735

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
$9,455
Total due on closing
$9,455

An estimate on the asking price of $649,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. 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.

$649,000

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