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$499,900

Map

307 Wallace Avenue South

Lincoln/Crowland, Welland, Ontario L3B1R8

For sale· Added

6 bed4 bath2,000–2,500 sqft

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
X13060548
Added
Apr 29, 2026 ()
Updated
Aug 27, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Fourplex
Storeys
2

Inside

Bedrooms
6
Bathrooms
4
Heating
Forced air, Natural gas
Cooling
None
Fireplace
No

Building

Basement
Partially finished, Full, Separate entrance, Walk out
Foundation
Block
Parking
No Garage · 4 spaces
Amenities
Separate Electricity Meters

Land

Lot size
45 x 100 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Lincoln
Directions
HWY 406 to East Main to Wllace.

Running costs

Annual property tax (2025)
$2,006

Ask about this home

$499,900
307 Wallace Avenue South
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