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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$649,000
Available - For Sale
Listing ID: 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.
Price $649,000
Taxes: $4,982
Assessment Year: 2025
Occupancy by: Tenant
Address: 132 Hellems Avenue , Welland, L3B 3B3, Niagara
Directions/Cross Streets: Young and Hellems
Rooms: 12
Rooms +: 2
Bedrooms: 6
Bedrooms +: 1
Washrooms: 4
Family Room: T
Basement: Full
Partially Fi
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Property Type: Fourplex
Style: 2 1/2 Storey
Exterior: Vinyl Siding
Garage Type: Detached
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage

132 Hellems Avenue , Welland, L3B 3B3, Niagara

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style: 2 1/2 Storey
Lot Size: x 117.40(Feet)
Approximate Age:
Tax: $4,982
Maintenance Fee: $0
Beds: 6+1
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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