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    For Sale - 132 Hellems Avenue, Welland, Ontario

    Est payment $3,116/mo
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    Time on Jump  1 days

    AI Summary *

    • Investor-friendly fourplex with a strong 7.5 Cap rate.
    • Versatile unit mix with spacious 3-bedroom and 2-bedroom options.
    • Two units will be vacant soon, allowing for new tenant selection.
    • Additional income from coin-operated laundry and a detached garage.
    • Recent roof update and boiler replacement provide reliable infrastructure.




    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.
    Listing IDX13847016
    Address132 Hellems Avenue
    CityWelland, Ontario
    Price$649,000
    Bed / Bath7 / 4 Full
    Style2 1/2 Storey, Fourplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement Full, Partially FinishedFoundation Concrete BlockHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Brokerage: REVEL Realty Inc., Brokerage

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    132 Hellems Avenue
    Welland , Ontario
    7 4 $649,000
    Get more info