
132 Hellems Avenue
Welland (Welland Downtown), ON L3B 3B3
- 6+1Bedrooms
- 4Bathrooms
- 5Parking
- 3500–5000Sq Ft
- $4,982Tax
- 55×117 ftLot Size
- Free EstimateSee Free Estimate Report
Sale & Price History for 132 Hellems Avenue, Welland, Welland Downtown
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 132 Hellems Avenue, Welland, Welland Downtown
Summarized Description
- Investor opportunity with a 7.5 Cap rate.
- Fourplex with versatile unit mix available.
- Two units vacant for new tenancies.
- Additional income from coin-operated laundry.
- Detached garage adds value and convenience.
- Roof and boiler recently updated.
- Spacious units provide generous living space.
- Potential for repositioning and value addition.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,982
- Land Transfer Tax Fee
- $9,455
Rental Items
- Rental Equipment
- 3 HWT
- Basement Type
- Full, Partially Finished
Interior Features
- Interior Extras
- Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 55.00 ft
- Lot Depth
- 117.40 ft
Inclusions
- Inclusions
- All appliances in each unit, Coin operated Washer and Dryer
Exclusions
- Exclusions
- Tenant Belongings
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6 + 1
- Washrooms
- 4
- Kitchens
- 4
- Family / bonus room
- Yes
Washrooms
- 4-piece
- Municipality
- Welland
- Neighbourhood
- Welland Downtown
- Main cross streets
- Young and Hellems
- Directions
- 406 to East Main to Hellems
- MLS® number
- X13847016
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-01
- Updated on
- 2026-10-01
- Days on market
- 15 days
- Possession type
- Flexible
- Co-op commission
- 2% + hst
- Seller
- Listed by
- REVEL Realty Inc., Brokerage
Home Market Value
Current home valuation for 132 Hellems Avenue, Welland, Welland Downtown, Welland, ON. Listed for $649,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 132 Hellems Avenue, Welland, Welland Downtown
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $149,000 over $500K
$39,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $24,350 | $18,107 | $15,446 | $0 |
=Total mortgage | $633,112 | $602,207 | $567,096 | $519,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,091monthly | $2,940monthly | $2,769monthly | $2,535monthly |
Land Transfer Tax
$9,455
$9,455
Around this home
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