- Bedrooms
- 6+1
- Bathrooms
- 4
- Size
- 3,500–5,000sq ft
- Per sq ft
- $153at the range’s middle
- Lot
- 55 x 117.4 ft
- Tax a year
- $4,9822025 tax year
- Parking
- 51 detached
- Days on market
- Members
The brief
About 132 Hellems Ave
132 Hellems Ave is a 6+1-bedroom, 4-bathroom fourplex in Welland Downtown, Welland, listed for sale at an asking price of $649,000 (MLS® X13847016).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,982 / 2025
- MLS® number
- X13847016
- Board
- TRREB MLS®
- Property Type
- Fourplex
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 55 x 117.4 ft
- Listed on
- Parking
- 1 Detached, 5 Parking
Property details
Property
- Property Type
- Fourplex
- Style
- 2 1/2 Storey
- Community
- Welland Downtown
- Municipality
- Welland
Building
- Size
- 3500-5000 sqft
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 6+1
- Bathrooms
- 4
- Bathroom Details
- 4 × 4pc
- Basement Type
- Full
- Kitchens
- 3
Parking
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Radiant
Land
- Sewer
- Sewers
- Frontage
- 55 ft
- Depth
- 117.4 ft
- Lot Size
- 55 x 117.4 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All appliances in each unit, Coin operated Washer and Dryer
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 132 Hellems Ave, Welland, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $649,000 | N/A | For Sale | X13847016 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $129,800
- Total mortgage amount
- $519,200
- Total interest payment
- $369,100
- Total purchase cost
- $1,018,100
- Mortgage payment
- $2,961/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$3,376- Rent $0
- Shortfall $3,376
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $9,455
- Total land transfer tax
- $9,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $649,000
- $4,980
- Ontario total
- $9,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 6,457 sq ft600 m²
- Street frontage
- 55 ft16.8 m
- Depth
- 117.4 ft35.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m10 test or monitoring holes also recorded.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.8 km5.8 km
Province of Ontario open data
Around the home2
- Nearest rail line: 410 m410 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- 2 recorded oil, gas or salt wells within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Canada Forgings Inc. — Open Die Plant, 470 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Welland Hydro-Electric System Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Plymouth Public SchoolDSB Niagara | Public · grades JK–8 | 800 m | 100%Grade 6 average |
| St Mary Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1 km | 69%Grade 6 average |
| Princess Elizabeth Public SchoolDSB Niagara | Public · grades JK–8 · French Immersion | 1.2 km | 76%Grade 6 average |
| École élémentaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades JK–6 | 1.5 km | 72%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Notre Dame College SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 1.2 km | 56%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 1.8 km | 43%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 1.8 km | 48%Grade 9 math |
| Welland Centennial Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 2.4 km | 65%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Welland Downtown are shown to signed-in members.