132 Hellems Avenue
768 - Welland Downtown, Welland, L3B 3B3
$649,000
- 6+1 bedrooms
- 4 bathrooms
- 5 parking
- 3500-5000 sq ft
Listed 19 days ago · MLS® X13847016
About this home
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.
Details
- Type
- Fourplex
- Style
- 2 1/2 Storey
- Size
- 3500-5000 sq ft
- Lot
- 55 × 117.4 ft
- Basement
- Full, Partially Finished
- Garage
- Detached
- Kitchens
- 4
- Property tax
- $4,982 (2025)
- Neighbourhood
- 768 - Welland Downtown
- Municipality
- Welland
Interior
- Bedrooms
- 6 above ground + 1 below
- Bathrooms
- 4 × 4-piece
- Kitchens
- 4 (1 below ground)
- Rooms
- 12 above ground + 2 below
- Family room or den
- Yes
- Fireplace
- No
- Features
- Separate Hydro Meter
Heating, cooling and services
- Heating
- Radiant, Gas
- Water and sewer
- Sewer
Building and exterior
- Style
- 2 1/2 Storey
- Exterior
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Faces
- East
Parking
- Garage spaces
- 1
- Total parking
- 5
Lot
- Size
- 55 × 117.4 ft
More
- Possession
- Flexible
- Cross street
- Young and Hellems
History of this address
1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 24 cafés and restaurants, 11 parks, 5 pharmacies. Nearest grocery: No Frills (700 m). Nearest park: Burgar Park (300 m).
Schools nearby
Elementary
- Plymouth Public School
EQAO: Gr 6 reading 100%, math 100%13 min walk - St. Mary Catholic Elementary School Catholic
EQAO: Gr 6 reading 83%, math 50%15 min walk - Princess Elizabeth Public School
EQAO: Gr 6 reading 90%, math 48%1.3 km - Ross Public School
EQAO: Gr 6 reading 100%, math 43%1.3 km
Secondary
- Notre Dame College School Catholic
EQAO: Gr 9 math 56%, literacy test 85%1.2 km - Eastdale Secondary School
EQAO: Gr 9 math 43%, literacy test 92%1.9 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L3B
- Owners / renters
- 65% / 35%
- Median household income
- $66,500
- Average age
- 43
- Children under 15
- 16%
- Homes
- 65% detached, 3% high-rise
- Commute by transit
- 2%
- Population
- 25,869
Languages spoken most at home besides English: Spanish 0.6%, Italian 0.5%, Urdu 0.4%, Punjabi (Panjabi) 0.2%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Crime Severity Index for Niagara Region (St. Catharines) police: 54 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.
Living here
Commute
To Union Station (downtown Toronto): 74 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by REVEL Realty Inc., Brokerage.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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