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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 On market 385 days

    256 East Main Street

    ·Welland, ON··

    • 2303 sqft
    Welland real estate›X12268015
    • 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

    Own a Piece of Welland's Culinary Legacy: Volcano Pizzeria Business & Property for Sale. This is a unique opportunity to acquire Volcano Pizzeria, a highly successful and beloved institution in Welland, Ontario, along with its commercial property, which includes an income-generating rental apartment. For over 40 years, Volcano Pizzeria has been a community cornerstone, renowned for its exceptional homestyle pizza and a loyal customer base.Volcano Pizzeria is more than just a business; it's a well-established legacy. With four decades of operation, it boasts a strong brand presence and a reputation for delicious pizza. The sale includes: Proven Success,Time-Tested Recipes, Diverse Menu, Established Operations and all essential kitchen equipment, fixtures, and operational assets are included, allowing for a seamless transition.A new owner can infuse fresh energy, enhance marketing, and optimize operational efficiencies to further boost this already thriving business.This offering includes the valuable commercial real estate where Volcano Pizzeria operates, providing long-term appreciation potential and investment security. Key property highlights include Strategic Location, Growth Potential, Investment Security and an Income-Generating Rental Apartment. Adding significant value, the upper level of the property features a 3-bedroom, 1-bathroom rental apartment with a patio and an existing tenant. This unit provides an attractive and immediate income stream, enhancing the overall profitability of the acquisition. It also features a private deck and parking. Important Note: The neighbouring property has a right-of-way on the side alley.Do not approach business/seller directly or disrupt ongoing business. The apartment is tenanted and will not be available during preliminary/initial showings. Building and business is being sold 'as-is'.Important Note: The neighbouring property has a right-of-way on the side alley.

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

    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
    Mar 9, 2026Previously listedPc$599,000 —X12880692View
    Feb 22, 2026SoldSold$1,875+$25 (1.4%)X12790188View
    Feb 14, 2026Previously listedLsd$1,850 —X12790188View
    Jul 7, 2025ListedCurrentFor sale$619,000 —X12268015This page
    Nov 30, 2024SoldSold$1,750 unchangedX10409470View
    Oct 31, 2024Previously listedLsd$1,750 —X10409470View
    Oct 16, 2023SoldSold$1,750−$150 (7.9%)X8707015View
    Sep 18, 2023Previously listedLsd$1,900 —X8707015View
    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

      3
      Heating
      Gas Forced Air Closed
      Air conditioning
      Partial
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

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

    📍 256 East Main Street
    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
    $3,041
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $434
    0.84% 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 256 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 256 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 256 East Main Street listed for?

      256 East Main Street is listed at $619,000 on the MLS® (listing X12268015). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 256 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. Sale Of Business
  2. Built 51-99
  3. Asking
    $619,000
    $269 / sqft · MLS® X12268015
    Chat Zara
    256 East Main Street — photo 3
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $557,380
    $512,790Confidence range$601,970
    Asking vs estimate
    ↑above
    +$61,620
    (+11.1%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Welland sell in about 42 days — this one has been listed 385 days.

    Avg sold price
    $557,380
    Median sold
    $535,000
    Avg days on market
    42
    Recently sold
    206
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Own a Piece of Welland's Culinary Legacy: Volcano Pizzeria Business & Property for Sale.
    • For over 40 years, Volcano Pizzeria has been a community cornerstone, renowned for its exceptional homestyle pizza and a loyal customer base.Volcano Pizzeria is more than just a business; it's a well-established legacy.
    • Adding significant value, the upper level of the property features a 3-bedroom, 1-bathroom rental apartment with a patio and an existing tenant.
    • It also features a private deck and parking.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    2
    Driveway
    2
  5. Interior

    1
    Accessibility
    N
  6. Lot & land

    2
    Year built
    51-99
    Zoning
    DMC
  7. Listing & possession

    3
    Occupancy
    As per transition plan
    Property style
    With Property
    Property class
    Sale Of Business
  8. Combined estimate
    $3,475
    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
    $3,041
    /mo
    based on the purchase price of $619,000
    $123,800 cash
    $495,200 financed
    $417,088 total interest
    Monthly payment$3,041/ month
    Principal54%$495,200
    Interest46%$417,088

    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.

    More sale of businesss in Welland

    Active listings within ±20% of this asking price.

    • 180 Fitch Street
      $549,900
      180 Fitch Street
      Sale Of Business 2
    • 256 East Main Street
      $599,000
      256 East Main Street
      Sale Of Business
    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.

  9. One team, no handoffs

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

  10. Showings on YOUR schedule

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

  11. Mortgage that closes

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

  12. Public listing courtesy of ROYAL LEPAGE NRC REALTY · displayed on Summitly per MLS® data-share rules

    256 East Main Street is a 2303 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  13. When was 256 East Main Street built?

    256 East Main Street was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  14. What is the property tax for 256 East Main Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 256 East Main Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  15. How much would the monthly mortgage be on 256 East Main Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $619,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  16. Has 256 East Main Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 256 East Main Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  17. What neighbourhood is 256 East Main Street in?

    256 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.

  18. 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.