132 Hellems Ave
Welland, ON L3B 3B3
For more information on this listing, contact us at: (647) 360-2908
Active
$649,000
132 Hellems Ave Welland, ON L3B 3B3
Fourplex
Property Type
7
Beds
4
Baths
Investor opportunity with a 7.5 Cap rate and two units available for new tenancies! This legal non-conforming fourplex offers a versatile unit mix with a spacious 3-bedroom main-floor unit, a 3-bedroom upper unit, a 2-bedroom upper unit, and a 1-bedroom lower-level unit. The 1-bedroom lower unit is currently vacant, with the 2-bedroom upper units becoming vacant November 1, 2026, giving a new owner the valuable opportunity to select tenants and establish new tenancies for two of the four units. Additional income potential is offered through coin-operated laundry and a detached garage. With generous unit sizes, multiple income streams and the flexibility provided by two vacant units, this property offers plenty of potential for an investor looking to reposition and add value over time. Roof updated in the last 10 years and the boiler was updated in 2013.
MLS #
X13847016
Monthly Assoc. Fee
N/A
On Site
4 Days
Last Updated
10/1/2026
Location
Contact Agent
Ariez Reyes Tamboowalla
(647) 360-2908Property Details
Community Information
Address
132 Hellems Ave, Welland, ON L3B 3B3
Area
Niagara
City
Welland
Community
768 - Welland Downtown
Postal Code
L3B 3B3
Architecture
Bedrooms
7
Bathrooms
4
Stories
2.5
Style
2 1/2 Storey
Construction Materials
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Basement
Full, Partially Finished
Features / Amenities
Interior Features
Separate Hydro Meter
Kitchens Total
4
Kitchen Plus
3 + 1
+ Bedrooms
1
Direction Faces
East
Garage Type
Detached
Covered Spaces
1.0
Parking Spaces
4
Heat Type
Radiant
Heat Source
Gas
Property Features
Sq. Ft.
3500-5000
Sewer
Sewer
Directions
406 to East Main to Hellems
Tax and Financial Info
Tax Annual Amount
$4,982
Tax Year
2025
Listing Office
Listing provided courtesy of Revel Realty Inc., Brokerage.
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Listing Information Last Updated 10/1/2026
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