Apartment buildings for sale in Hamilton–Niagara

240-242 EAST MAIN Street, Welland

6 to 12 units
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Updated September 4, 2026
$1,399,000
Underwrite this building

Opens our underwriting tool with this listing's price filled in. Every assumption stays editable.

Request the package

We'll send the full listing package and, if useful, our read on the numbers.

Photo 1 of 2
Photo 2 of 2

Details from the listing

Property taxes$4,629 (2025)
Lot size44.97 × 100.67 ft
Total area3,000 sq. ft.
OccupancyTenant
HeatGas Forced Air Closed, Gas

From the listing

242 East Main Street, Welland - 7-Unit Residential Income Property. Exceptional investor opportunity in the heart of Welland. This income property offers 7 self-contained residential units, ideally positioned for a buyer looking to build or expand their Niagara portfolio. Property generates over $75K net income/year. The unit mix provides strong versatility and broad tenant appeal: 4 x 2-bedroom, 1 x 1-bedroom, and 2 studio suites - catering to singles, couples, and small families alike. Located in Welland, Ontario, a growing rental market with consistent tenant demand driven by Niagara College, healthcare, and manufacturing employment. Easy access to Highway 406 and the broader Niagara Region makes this an attractive option for a wide range of renters.

Request the package

We'll send the full listing package and, if useful, our read on the numbers.

Your details are used to deliver the package and follow up on this listing only, unless you also subscribe above.

Listings refreshed September 21, 2026 at 6:47 p.m. ET