1/193 - 122 HELLEMS AVENUE, Welland (Welland Downtown)
3 - 122 HELLEMS AVENUE, Welland (Welland Downtown), ON L3B3B3
Price on request
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
86%
About this property
Welcome to 122 Hellems Avenue! Available August 1st, this charming 1-bedroom, 1-bathroom apartment is located within a beautiful character century home just minutes from downtown Welland. This unique unit showcases soaring ceilings, an inviting living room with authentic wood paneling, original thick trim, and built-in storage, offering timeless character rarely found in today's rental market. Conveniently located close to shopping, restaurants, public transit, and scenic walking trails along the Welland Recreational Canal. Shared coin-operated laundry is available on-site. **Monthly rent is $1,325 and includes heat and water. Hydro is extra. Parking is available for $25 per space/per month. Pet-friendly.** Don't miss this opportunity to lease a truly distinctive home in a convenient central location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
103,509
Households
44,711
Median income
$126,000
Median age
37.5
Daytime population
102,349
5-yr growth
7.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3 - 122 HELLEMS AVENUE, Welland (Welland Downtown).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.