For Sale

307 Wallace Avenue

$529,900
Welland, Ontario L3B 1R8 · MLS® X13060548 · Updated 4h ago
307 Wallace Avenue S, Welland, ON L3B 1R8
1 / 50 photos
6
Bedrooms
4
Bathrooms
Sq Ft
4
Parking

About This Home

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.

Property Information

Type
Residential Freehold
Style
Fourplex
Architectural Style
2-Storey
Lot Size
45 × 100 ft
Direction Faces
West
Bedrooms
6
Kitchens
4
Parking
4 total · None
Cross Street
Lincoln
Postal Code
L3B 1R8
Occupancy
Tenant
Possession
Immediate
MLS#
X13060548
Listing Office
Real Broker Ontario Ltd.

Building Details

Construction
Other
Roof
Asphalt Shingle
Heating
Forced Air · Gas
Cooling
None
Basement
Full, Partially Finished, Separate Entrance, Walk-Out
Fireplace
No
Pool
None

Features & Amenities

Interior
Separate Hydro Meter

Financials & Fees

Annual Property Tax
$2,006 (2025)

Location

Listing courtesy of:Real Broker Ontario Ltd.

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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