For sale 50$499,900
307 Wallace Avenue South
Welland, Ontario L3B1R8
For sale· Added
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.
Location
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Property details
Listing
- MLS® number
- 40823281
- Added
- Apr 29, 2026 ()
- Updated
- Sep 16, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Fourplex
- Storeys
- 2
- Ownership
- Freehold
- Year built
- 1,947
Inside
- Bedrooms
- 6
- Bathrooms
- 4
- Heating
- Forced air, Natural gas
- Cooling
- None
- Fireplace
- No
- Features
- Paved driveway
Building
- Basement
- Partially finished, Full
- Exterior
- Other
- Parking
- 4 spaces
Land
- Frontage
- 45 ft
- Zoning
- RM
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
Location
- Community
- Lincoln/Crowland
- Directions
- HWY 406 to East Main to Wallace
- Nearby
- School Bus
Running costs
- Annual property tax
- $4,012
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