307 Wallace Avenue S Welland, Ontario L3B 1R8
$549,900
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:61852)
Property Details
| MLS® Number | X13060548 |
| Property Type | Multi-family |
| Community Name | 773 - Lincoln/Crowland |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Amenities | Separate Electricity Meters |
| BasementDevelopment | Partially Finished |
| BasementFeatures | Separate Entrance, Walk Out |
| BasementType | Full, N/a (partially Finished), N/a, N/a |
| CoolingType | None |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 45 Ft |
| SizeIrregular | 45 X 100 Ft |
| SizeTotalText | 45 X 100 Ft |
Interested?
Contact us for more information
Jaleel Ward
Salesperson
4145 North Service Rd - 2nd Floor
Burlington, Ontario L7L 4X6
Eli Milenkoff
Broker
4145 North Service Rd #e
Burlington, Ontario L7L 6A3
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April 30 2026 01:55:46
Oakville, Milton & District Real Estate Board
Real Broker Ontario Ltd.