Patio, street for 264 Hellems Ave, Welland Ontario L3B 3B7
1 day on Market

264 Hellems Ave, Welland, Ontario L3B 3B7

Land
-
2
~0.2 sqft
$750,000
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Land
-
2
~0.2 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$3,750,000/sqft

Est. Mortgage$3,221/mo

Tax Amount (2024)$4,412/yr

Days On Market1 day


Description

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.


Property Details

StyleDesignated
View-
Age of property-
SqFt~0.2 SqFt
Lot Size8,821 SqFt(210.03 x 42)
Parking Spaces10
MLS ®NumberX12189522
Community NameMarket Square
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Lot size: 8,821 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

Jun 2, 2025
ListedActive
$750,000
1 day on market
history photo preview46
Listing by trreb®
Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage
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Market Data - Market Square

Geo Zone Map ThumbnailMarket Square

Strong Buyer's Market

View Market Data

Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2024

23 days

2023

14 days

2022

12 days

New Listings

Past 30 days

17 listings

Compared to

2024

14 listings

2023

8 listings

2022

15 listings

Units sold

Past 30 days

3 units

Compared to

2024

3 units

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$420,500

Compared to

2024

$460,000

2023

$438,500

2022

$428,494


Population and Demographics

Overview

Total population 3374
Average household income $73,254

Age (%)

50 to 64
23%
20 to 34
21%
65 and plus
20%
0 to 19
19%
35 to 49
17%

Household composition (%)

Single person
48%
Single family
46%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
87%
French
7%
Others
3%
English and French
1%
Spanish
1%

House tenancy (%)

Renters
64%
Owners
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget