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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 3 days ago

    462 East Main Street

    ·Welland, ON··

    • 3 beds
    Welland real estate›X13606126
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 24, 2026ListedCurrentFor sale$474,900 —X13606126This page
    Jan 9, 2023Previously listedExp$1,790,000 —X8501193View
    Oct 3, 2022Previously listedTer$1,790,000 —X8502580View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      None
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 462 East Main Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Sloping
    • Public Transit
    • School
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,333
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $209
    0.53% mill rate · ON
    The market

    How this home sits in the Welland market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Welland market right now

    Average sold price, days on market, and closed-transaction count for Welland — sourced from MLS®.

    • Avg sold price
      $557,380
      Last 30 days
    • Median sold price
      $535,000
      Middle of the market
    • Days on market
      42 d
      Avg from list to close
    • Closed last 30d
      206
      MLS® transactions
    Full Welland market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 462 East Main Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 462 East Main Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 462 East Main Street listed for?

      462 East Main Street is listed at $474,900 on the MLS® (listing X13606126). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 462 East Main Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 1500-2000 sqft
  3. Duplex
  4. Built 100+
  5. Asking
    $474,900
    $0 / sqft · MLS® X13606126
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $557,380
    $512,790Confidence range$601,970
    Asking vs estimate
    ↓below
    −$82,480
    (-14.8%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Welland sell in about 42 days — this one has been listed 3 days.

    Avg sold price
    $557,380
    Median sold
    $535,000
    Avg days on market
    42
    Recently sold
    206
    See comparable sales
    Excellent addition to your investment portfolio!
  7. 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.
  8. Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well).
  9. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review.
  10. Ask Zara a follow-up
    Sewer
  11. Parking & garage

    3
    Garage
    None
    Parking spaces
    2
    Driveway
    Private
  12. Interior

    5
    Basement
    Full, Unfinished
    Family room
    N
    Kitchens
    1
    Total rooms
    2
    Laundry level
    Lower Level
  13. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Pool
    None
  14. Lot & land

    2
    Year built
    100+
    Zoning
    CC2
  15. Listing & possession

    3
    Occupancy
    IMMEDIATE W/TENANTS
    Property style
    2-Storey
    Property class
    Duplex
  16. Combined estimate
    $2,542
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,333
    /mo
    based on the purchase price of $474,900
    $94,980 cash
    $379,920 financed
    $319,992 total interest
    Monthly payment$2,333/ month
    Principal54%$379,920
    Interest46%$319,992

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable duplexs that just sold in Welland

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 19 Lyons Avenue
      Sold
      Sign in for price
      19 Lyons Avenue
      Duplex
    • 123 Dain Avenue
      Sold
      Sign in for price
      123 Dain Avenue
      Duplex
    • 93 Wellington Street
      Sold
      Sign in for price
      93 Wellington Street
      Duplex
    • 484 East Main Street
      Sold
      Sign in for price
      484 East Main Street
      Duplex
    • 56 Regent Street
      Sold
      Sign in for price
      56 Regent Street
      Duplex
    • 46 Harold Avenue
      Sold
      Sign in for price
      46 Harold Avenue
      Duplex
    AddressBd / BaSqftSold$/sqft% of askSold
    462 East Main StreetThis home3 / 215,002,000$474,900ask———
    19 Lyons Avenue2 / 2700—
    123 Dain Avenue5 / 31,500—
    Sold prices are hidden under TRREB rules. to reveal them.

    More duplexs in Welland

    Active listings within ±20% of this asking price.

    • 136 Regent Street
      $450,000
      136 Regent Street
      Duplex 3 2
    • 314 Broadway Street
      $494,900
      314 Broadway Street
      Duplex 2 2
    • 51 Plymouth Road
      $399,000
      51 Plymouth Road
      Duplex 4 3
    • 59 Asher Street
      $475,000
      59 Asher Street
      Duplex 4 2
    • 478 East Main Street
      $449,900
      478 East Main Street
      Duplex 3 2
    • 60 Margery Road
      $485,000
      60 Margery Road
      Duplex 4 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of REAL BROKER ONTARIO LTD. · displayed on Summitly per MLS® data-share rules

    462 East Main Street is a 3-bedroom, 2-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 462 East Main Street built?

    462 East Main Street was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 462 East Main Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 462 East Main Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 462 East Main Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $474,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 462 East Main Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 462 East Main Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 462 East Main Street in?

    462 East Main Street is in Welland Downtown, Welland. The 'Neighbourhood' section below links to the live Welland real estate hub with average sold price, days on market, and current inventory.

  26. Is Welland a good place to live?

    Welland is one of ON's actively-tracked Summitly markets. The full Welland real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  27. 93 Wellington Street
    3 / 3
    700
    —
    484 East Main Street3 / 21,100—
    56 Regent Street4 / 31,500—
    46 Harold Avenue4 / 21,500—