12 East Main Street, Welland, ON L3B 3W3
Welland Downtown · L3B 3W3
$389,990
$108 / sq ft1 months on market
- Total area
- 3,600 sf
- Lot
- 27.1 × 83.6 ft
What's special
- Partial
About this property
EXCELLENT INVESTMENT OPPORTUNITY! 2X-2 BED APARTMENTS + RETAIL STORE FRONT + 3X OFFICES. Multi-use commercial property in the heart of Welland's downtown core, offering approximately 3,600 sq. ft. above grade and a strong combination of commercial and residential income potential. The high-visibility main floor features a retail storefront perfect for small business owners Like Hair Salon, Nail Spa,Vape shop, Antique shop or many other kind of businesses. You are Also getting three office spaces, and a kitchen area on the main floor, while the second floor offers two self-contained 2-bedroom residential apartments, with a total of 3 kitchens and 3 bathrooms throughout the property. With Impressive over 10% cap rate potential, this property is an attractive opportunity for investors seeking multiple income streams. NEW ROOF AND FURNACE(SEP 2026)
Property details
Property
- Property type
- retail
- Interior size
- 3,600 sq ft
- Lot size
- 27.1 × 83.6 ft
- Zoning
- DMC
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Partial
Costs
- List price
- $389,990
- Property taxes
- $5,950 / year (2026)
- Price per sq ft
- $108
- Rental items
- HOT WATER HEATER
Listing
- MLS® number
- X13861152
- Status
- For sale
- Listed
- October 5, 2026
- Days on market
- 31
- Last updated
- October 5, 2026
- Listing brokerage
- REVEL Realty Inc., Brokerage
Price & sale history
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
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 below most comparable listings — about 0% of comparable retail listings in Welland are asking less.
- This home
- $108 / sq ft
- Comparable median
- $136 / sq ft
Based on 9 comparable active retail listings in Welland. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $2,048.50
- Property tax (est.)
- $495.83
- Estimated monthly
- $2,544
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
- $4,325
- Total due on closing
- $4,325
An estimate on the asking price of $389,990. 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.
Unlock nearby sold pricesFree. Takes about twenty seconds.