For Sale

244 King Street, Welland, Ontario L9H 1V9

$7,500,000

244 King Street, Welland, Ontario L9H 1V9 is For Sale and has a listing price of 7,500,000. The property is located in the Welland . It's been on the website for 1 Day.

  • Investment
    Property Type
  • MLS ID: X12915936
  • Office Name RE/MAX ESCARPMENT GOLFI REALTY INC.
Property 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.

Property Details
  • MLS ID: X12915936
  • Price: $7,500,000
  • Lot Depth: 583.8
  • Transaction Types: For Sale
  • Ref ID: X12915936
  • Year Built: N/A
  • Dir / Cross St: King Street and State Street
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/24/2026 X12915936 $7,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Welland
  • $702,539 Average List Price
    based on 1 year
  • 273 New Listings
    based on 30 days
  • 71 Median Days on Market
    based on 1 year
  • List vs. Selling Price 176.35 % Up
  • Sold (12mo) 593
  • Rented (12mo) 279

  • 1 Month Change +152.5%
  • 3 Month Change +305.0%
  • 6 Month Change +127.1%
Walkscore
  • 86 Walk Score
    Very Walkable
  • 36 Transit Score
    Some Transit
  • 79 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Baseboard
  • Garage Type Y
  • Parking Spaces: 18
  • Taxes: $14,852
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 24/03/2026 18:40:55
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