- Bedrooms
- 6
- Bathrooms
- 3
- Size
- 2,000–2,500sq ft
- Per sq ft
- $177at the range’s middle
- Lot
- 33.11 x 99.25 ft
- Tax a year
- $4,6372025 tax year
- Built
- 100+
- Parking
- 63 detached
- Days on market
- Members
The brief
About 233 King St
233 King St is a 6-bedroom, 3-bathroom detached house in Welland Downtown, Welland, listed for sale at an asking price of $399,000 (MLS® X13857712).
Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Welland! Situated on a high-exposure lot with prime frontage on King Street, this legal triplex offers outstanding income potential and future redevelopment flexibility. Zoned DMC (Downtown Mixed Use Centre) and RM (Residential Multiple), the property is ideal for investors, business owners, or those seeking a live/work opportunity. Currently configured as a legal triplex featuring one 3-bedroom unit, one 2-bedroom unit, and one 1-bedroom unit, the property generates immediate rental income with additional upside, as existing rents are below current market value. A detached 3-car garage provides endless possibilities and could be converted into commercial space, a workshop, storage, or enhanced amenities for tenants. Positioned along bustling King Street with excellent visibility and strong pedestrian traffic, this location is perfectly suited for professional offices, retail uses, convenience stores, service businesses, and many other permitted commercial applications. Enjoy a unique setting just steps from the Welland River and scenic walking trails along the Welland Canal. Located in the heart of Downtown Welland, you're close to grocery stores, restaurants, amenities, and Niagara College's Welland Campus. Outdoor enthusiasts will appreciate being near one of the region's premier destinations for water sports and surfing. With some updating and TLC, this property presents tremendous value-add potential and the opportunity to significantly increase rental income and overall returns. A rare chance to own a versatile mixed-use property in one of Welland's growing downtown corridors. Pictures are virtually staged. Currently 2 and 3 bedroom units are tenanted but potentially can be vacated.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs73/100+$293/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 homes with 6 bedrooms for lease in Welland right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,637 / 2025
- MLS® number
- X13857712
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 100+
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 33.11 x 99.25 ft
- Listed on
- Parking
- 3 Detached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Welland Downtown
- Municipality
- Welland
Building
- Size
- 2000-2500 sqft
- Building Age
- 100+
- Construction
- Alum Siding
Inside
- Bedrooms
- 6
- Bathrooms
- 3
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc Main, 1 × 4pc 2nd
- Basement Type
- None
- Kitchens
- 3
Parking
- Garage Type
- Detached
- Garage
- 3
- Additional Parking
- 3
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Window Unit
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 33.11 ft
- Depth
- 99.25 ft
- Lot Size
- 33.11 x 99.25 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- All existing Appliances
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.3 × 5.26 m | — | Main |
| Kitchen | 2.82 × 5.49 m | — | Main |
| Br | 2.51 × 3.63 m | — | Main |
| 2nd Br | 3.22 × 3.32 m | — | Main |
| 3rd Br | 2.77 × 2.82 m | — | Main |
| Living | 3.25 × 3.89 m | — | Main |
| Kitchen | 3.18 × 4.7 m | — | Main |
| Bathroom | 1.83 × 2.5 m | 4 Pc Bath | Main |
| Bathroom | 1.62 × 2.62 m | 3 Pc Bath | Main |
| Living | 3.11 × 4.29 m | — | 2nd |
| Br | 2.82 × 3.33 m | — | 2nd |
| 2nd Br | 2.95 × 3.02 m | — | 2nd |
| 3rd Br | 2.56 × 2.95 m | — | 2nd |
| Kitchen | 2.51 × 2.9 m | — | 2nd |
| Bathroom | 1.85 × 2.31 m | 4 Pc Bath | 2nd |
Listing history
Buy/sell history for 233 King St, 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 | $399,000 | N/A | For Sale | X13857712 |
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
- $79,800
- Total mortgage amount
- $319,200
- Total interest payment
- $227,100
- Total purchase cost
- $626,100
- Mortgage payment
- $1,821/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
7%Monthly carrying cost
$2,207- Carrying cost $2,207
- Surplus $293
Rental income opens at $2,500, the median asking rent of 5 comparable homes for lease in Welland. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,460
- Total land transfer tax
- $4,460
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $460
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 $399,000
- $2,235
- Ontario total
- $4,460
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
- 3,286 sq ft305 m²
- Street frontage
- 33.11 ft10.1 m
- Depth
- 99.25 ft30.3 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 GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m20 test or monitoring holes also recorded.250 m
- Groundwater recorded about 4.8 m below ground nearbyThe middle water level in the well records within 500 m (87 records). It changes with the season and from spot to spot.500 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: 5.3 km5.3 km
Province of Ontario open data
Around the home2
- Nearest rail line: 740 m740 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
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Canada Forgings Inc. — Open Die Plant, 890 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 (20 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
Detached homes for sale in Welland Downtown right now
- For sale now
- 25
- Median asking price
- $400K
- New in 7 days
- 1
- Price cuts
- 32%
Middle half: $350K to $500K
2 in 28 days
8 listings
This home is asking at the median.
See all homes in Welland DowntownAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
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 | 700 m | 100%Grade 6 average |
| St Mary Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 850 m | 69%Grade 6 average |
| Fitch Street Public SchoolDSB Niagara | Public · grades JK–8 | 1.3 km | 81%Grade 6 average |
| École élémentaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades JK–6 | 1.6 km | 72%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Notre Dame College SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 1.5 km | 56%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 2.1 km | 43%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 2.2 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.