462 East Main Street Welland, Ontario L3B 3X6
$474,900
Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review. (id:61910)
Property Details
| MLS® Number | X13606126 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| Amenities Near By | Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Sloping |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
| Structure | Deck |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 111 Ft ,10 In |
| Size Frontage | 29 Ft ,4 In |
| Size Irregular | 29.4 X 111.9 Ft |
| Size Total Text | 29.4 X 111.9 Ft |
| Zoning Description | Cc2 |
Contact Us
Contact us for more information
Stephen Canjar
Broker
4145 North Service Rd #e
Burlington, Ontario L7L 6A3
(888) 311-1172
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July 25 2026 07:53:11
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