462 East Main Street, Welland
462 East Main Street in Welland - 6 bedroom, 2 bathroom. Sold for $450,000 on 2026-08-07. Listed at $474,900.
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.
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 1750 sqft
- Basement: Full
- Heating: Gas
- Cooling: None
- Parking: 2 spaces
- Property Taxes: $2,510/yr
- Neighbourhood: 768 - Welland Downtown
- Postal Code: L3B 3X6
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