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Photo has been virtually staged.
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38-40 First Street

Welland, ON L3B 4R9

SoldFor Sale
9 Beds
5 Baths
3,500 Sq Ft
16,584 Lot Sq Ft
Single Family Home
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About This Property

Welcome to 38-40 First St., a solid brick 7-unit building offering a fantastic investment opportunity in the heart of Welland. Located in a prime area near new developments, this property is close to a wide range of amenities, including schools, parks, the hospital, recreation facilities, a pharmacy, and the Welland Canal.The building boasts 4,038 square feet of above-grade living space and includes 4 one-bedroom units and 3 two-bedroom units, generating a total annual rental income of $79,511.88. Set on a spacious 100x166 ft lot with favorable INSH zoning, this property also holds significant potential for future development. Don't miss out on this versatile investment - book your showing today!

Property Details

StatusSold
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size3,500 sq ft
Lot Size16,584 sq ft
Bedrooms9
Bathrooms5
ListedMarch 3, 2026
Postal CodeL3B 4R9

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X11993763

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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.

MLS®X11993763
TypeSingle Family Home
CityWelland

Team Filipe · RE/MAX · (647) 210-6070

Listed By

COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE