Sold for:Sold Aug 8, 2026
$474,900

462 East Main Street

Welland (Welland Downtown), ON L3B 3X6

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 462 East Main Street, Welland, Welland Downtown

2026-07-24
2026-08-08
Sold
Price
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MLS#
x13606126

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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 462 East Main Street, Welland, Welland Downtown

Summarized Description

  • Updated duplex with two large 3-bedroom units
  • Fully renovated kitchens in both units
  • Separate hydro meters for each unit
  • Low-maintenance income property with cash flow
  • Strategic location near shopping and highways
  • CC2 zoning offers long-term development potential
  • Potential to combine with adjoining lots
  • Pre-construction plans for an 8-storey building

Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,510
Land Transfer Tax Fee
$5,973

Rental Items

Rental Equipment
HOT WATER TANKS

Basement Type
Full, Unfinished

Interior Features

Laundry Level
Lower Level
Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None
Property Features
Sloping, Public Transit, School

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
29.40 ft
Lot Depth
111.90 ft
Lot Shape
Rectangular

Exclusions

Exclusions
ALL TENANT BELONGINGS

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 3
Washrooms
2
Kitchens
2

Washrooms

  • 3-piece, Main
  • 3-piece, Second

Municipality
Welland
Neighbourhood
Welland Downtown
Main cross streets
CROWLAND
Zoning
CC2
Directions
HWY 406 TO EAST MAIN
Waterfront
None

MLS® number
X13606126
Data source
Toronto Regional Real Estate Board
Status change
2026-08-08
Listed on
2026-07-24
Days on market
15 days
Possession type
Other
Co-op commission
2.0
Seller
Listed by
REAL BROKER ONTARIO LTD.

Home Market Value

Current home valuation for 462 East Main Street, Welland, Welland Downtown, Welland, ON. Listed for $474,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 462 East Main Street, Welland, Welland Downtown

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Welland, ON
Minimum Down Payment Required:5.0%

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Minimum down payment

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Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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+CMHC insurance
$18,046$13,250$11,303$0
=Total mortgage
$469,201$440,660$414,968$379,920
Amortization
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%
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Payment frequency
=Mortgage payment
$2,291monthly$2,152monthly$2,026monthly$1,855monthly
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Land Transfer Tax

Provincial

$5,973

Total Land Transfer Tax

$5,973

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