307 Wallace Avenue S, Welland, ON

$499,900

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6

Beds

4

Baths

2,000

Square feet

About 307 Wallace Avenue S

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.

Features of 307 Wallace Avenue S

MLS® # X13060548
Price $499,900
Bedrooms 6
Bathrooms 4.00
Square Footage 2000-2500
Type Residential Freehold
Sub-Type Fourplex
Style 2-Storey
Status Active

Community Information

Address 307 Wallace Avenue S
Area Niagara
Subdivision 773 - Lincoln/Crowland
City Welland
Province ON
Postal Code L3B 1R8

Amenities

Parking Spaces 4
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling None
Fireplace No
Basement Full, Partially Finished, Separate Entrance, Walk-Out

Exterior

Exterior Other

Listing Details

OfficeReal Broker Ontario Ltd.

Listing Map