307 S WALLACE Avenue S, WELLAND

2026-05-03
 

Quick Summary

Location
307 S WALLACE Avenue S, WELLAND, Ontario L3B1R8
Price
$529,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2394 sqft
Bedrooms:
6
Bathrooms:
4
Garages:
4
Year of Construction:
1947
Video Link:

MLS®#40823281

Property Description

Investment opportunity at 307 Wallace Street in the heart of Welland — one of Niagara’s growing and most investor friendly cities. This solid fourplex offers value for investors seeking cash flow and long term upside, featuring four separate hydro meters and zoned Residential Medium Density (RM). This centrally located asset is well positioned to deliver. Situated in a mature, established neighbourhood, the property is within walking distance of the Lincoln Street Plaza and offers easy access to public transit, schools, parks, and everyday amenities. Just minutes from Downtown Welland, a core undergoing active renewal with canal access, heritage buildings, and walkable businesses and the iconic Welland Canal walking and cycling trails. The City of Welland recently celebrated the near completion of approximately 4.5 kilometres of new multi-use trails, further enhancing active transportation and connectivity throughout the city. Niagara College is a short drive away, ensuring a consistent and diverse tenant pool of students, faculty, and tradespeople year round. Quick access to Highway 406, connecting tenants seamlessly across the entire Niagara Region. Priced to sell, 307 Wallace is a smart, strategic addition to any real estate portfolio in Niagara’s most exciting emerging investment market. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Public Transit, Schools, Shopping

Building

  • Basement Development: Partially finished
  • Basement Type: Full (Partially finished)
  • Cooling Type: None
  • Exterior Finish: Other
  • Fireplace: No
  • Interior Size: 2394 sqft
  • Building Type: Fourplex
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Paved driveway

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: RM

Information entered by Real Broker Ontario Ltd.
Listing information last updated on: 2026-06-02 16:38:34


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