244 King Street, Welland, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Welland Downtown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $7,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 43.7 x 583.8 ft lot size
- equipped with yes central cooling and highly efficient baseboard heating
Description
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.
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Property Summary
This investment located at 244 King Street, Welland is currently for sale and has been available on SousaSells for 186 days. This property is listed at $7,500,000 with an estimated mortgage of $24,965* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 244 King Street, Welland is in the Welland Downtown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Welland Downtown, Welland.
- •Desirable Investment architecture in Welland Downtown, Welland
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Welland?
If you are looking for a house in Welland or researching Welland real estate for sale, this investment at 244 King Street, Welland, ON offers an exceptional opportunity to buy a home in Welland, Ontario. Whether you are a first-time Welland home buyer or comparing active Welland MLS® homes for sale, working with a dedicated Welland buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Welland realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Welland Buyer Budget & Costs
Estimated mortgage: $24,965*/month*. Estimated Ontario Land Transfer Tax: $173,975. First-time Welland home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Welland
Frequently Asked Questions about 244 King Street, Welland, ON
Q.What is the asking price for 244 King Street, Welland, ON ?
The current listing price for 244 King Street, Welland, ON in Welland Downtown, Welland is $7,500,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 244 King Street, Welland, ON ?
244 King Street, Welland, ON is a Investment () featuring a basement.
Q.What security features are installed at 244 King Street, Welland, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Welland Downtown, Welland
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 244 King Street, Welland, ON L9H 1V9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Welland, ON
For a property listed at $7,500,000 in Welland, the legal minimum down payment is $1,500,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $173,975 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $173,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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