307 WALLACE AVENUE S
Welland (Lincoln/Crowland), Ontario
MLS® X13060548
$529,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13060548
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- —
1 / 47Listing description
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 summary
- MLS® number
- X13060548
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 45 x 100 FT
- Annual property taxes
- $2,006.00
- Parking
- 4 spaces · No Garage
- Days on market
- 119 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Partially finished, Full, Separate entrance, Walk out, N/A, N/A, N/A
What would this home cost you?
Based on the $529,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Real Broker Ontario Ltd., BURLINGTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.