For sale 50$479,900
428 Wallace Avenue North
Welland Downtown, Welland, Ontario L3B1R2
For sale· Added
About this home
RARE OPPORTUNITY WITH ENDLESS POSSIBILITIES! Welcome to 428 Wallace Avenue North in Welland, a unique property offering residential rental income along with a substantial commercial-style shop space. Featuring approximately 4,500 sq. ft. of combined space, the property includes a detached home of approximately 1,400 sq. ft. and a separate building offering approximately 2,926 sq. ft. across the main-floor shop and upper-level residential apartment. Both the home and apartment are currently tenanted, providing existing rental income, while the shop is owner-occupied and offers excellent space for a business, workshop, storage or personal use. Whether you're an investor looking to expand your portfolio, a business owner wanting to operate from your own property while collecting rental income, or someone exploring future redevelopment or additional residential units, this property offers plenty of potential. A unique opportunity with multiple income streams and possibilities, all in one location!
Location
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Property details
Listing
- MLS® number
- X13883436
- Added
- Oct 9, 2026 ()
- Updated
- Oct 9, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Duplex
- Storeys
- 2
Inside
- Bedrooms
- 6
- Bathrooms
- 3
- Half baths
- 1
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
Building
- Basement
- Unfinished, Full
- Exterior
- Stucco
- Foundation
- Block, Concrete
- Parking
- Detached Garage, Garage · 8 spaces
Land
- Lot size
- 60 x 101.8 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- E Main x Wallace
- Directions
- E Main - N on Wallace.
Running costs
- Annual property tax (2026)
- $4,507
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