244 King Street
Welland, ON L9H 1V9
About This Property
Exceptional investment opportunity in a prime Welland location. This property has undergone a complete transformation featuring a brand-new interior built in 2025. The ground floor features established commercial tenants, including a medical clinic and a pharmacy, providing stable and reliable income. In addition, the plaza includes 26 residential units (rentals), creating multiple income streams and strong cash flow potential. Ideal for investors seeking consistent returns, multi-use flexibility, and long-term value appreciation. The dual street exposure enhances accessibility, and visibility.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12915936
Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$36,623
/month · $6,000,000 mortgage
Amortization
Total Interest
$4,987,047
Total Cost
$10,987,047
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RE/MAX ESCARPMENT GOLFI REALTY INC.