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Investment signal

$548,800

12 EAST MAIN STREET

Beds

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Baths

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Location

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About this home

POSITIVE CASH FLOW OPPORTUNITY Multi use commercial property in the heart of Welland's downtown core. This property has a high-visibility storefront and self-contained residential apartments and promises a robust income stream with an impressive 10% + cap rate. Conveniently located near Niagara College Welland campus, public transit, and the scenic boardwalk, it also offers stunning views of the Welland Bridge and Canal.With its high-demand area and solid return potential, a total of 3600 sqft with 2 residential units (2 bedrooms in each unit) and 1 large Commercial Storefront unit with 3 offices, approximately 1800 sqft. (id:65958)

Subtype: Retail
Community: 768 - Welland Downtown
Living area: 3,600 square feet
Lot dimensions: 27.1 x 83.6 FT
On market: Apr 14, 2026
Status changed: Apr 14, 2026
Annual tax: $6,590 (2025)
Zoning: DMC
Photos: 4
MLS#: X12995000
Area: WELLAND_(WELLAND_DOWNTOWN)

Features and systems

Heating

Forced airElectric

Cooling

Fully air conditioned

Negative cash flow ~$1,099/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-12.01%

Cap rate

3.49%

GRM

16.6

Break-even rent

$3,906

Financing

Down payment$109,760

Loan amount$439,040

Mortgage$2,693/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$252

Insurance$80

Maintenance$457

CapEx reserve$229

Vacancy loss$138

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Welland (Welland Downtown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,693/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.