428 WALLACE AVENUE N
Welland (Welland Downtown), Ontario
MLS® X13883436
$479,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13883436
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- —
1 / 11Listing description
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!
Property summary
- MLS® number
- X13883436
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 60 x 101.8 FT
- Annual property taxes
- $4,507.00
- Parking
- 8 spaces · Detached Garage, Garage
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Unfinished, Full
- Exterior features
- Stucco
What would this home cost you?
Based on the $479,900 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 COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE, WELLAND.
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.