$529,900 $2,845 est/mo Sourced by Back At You
307 S Wallace Avenue S,Welland, ON L3B1R8
Welland, ON L3B1R8
Two-story residence featuring light-colored siding and a covered front porch with pillars
Two-story residence featuring light-toned siding, a covered front porch, and a dedicated exterior staircase providing access to the upper level
Paved driveway extending to a detached shed, bordered by a wooden privacy fence and a vinyl-sided exterior wall with a glass-paneled entry door
Expansive outdoor space featuring a paved driveway, a detached shed with a gabled roof, and a grassy area
Rear exterior with light-toned siding and a prominent brick chimney
Expansive rear yard featuring a wooden deck with railing, a storage shed, and green lawn space
Expansive grass lawn with perimeter fencing
Two-story residence featuring light-colored siding and a covered front porch
Aerial overview of the neighborhood, highlighting the property boundary
Residential property featuring a red outlined perimeter, surrounded by a neighborhood of single-family homes
Rear of property featuring a spacious wood deck, direct access through sliding glass doors, and a detached shed
Property featuring a large main dwelling with a shingle roof, a detached garage, and a spacious backyard with green lawn
Kitchen featuring extensive dark wood cabinetry, a tile backsplash, and a ceiling fan with integrated lighting
Kitchen featuring wood-finish cabinetry, a patterned tile backsplash, light-toned countertops, and a large stainless steel refrigerator
Sliding glass door opening to an exterior wood deck
Wood-finish flooring throughout
White tile flooring throughout, featuring a natural wood-finish storage cabinet with black hardware
Kitchen featuring a full suite of appliances, wood-finish cabinetry, tile flooring, and a ceiling fan
Living area featuring warm wood-finish flooring, light-toned walls, and a large front window with dark drapery
Tiled entryway opening into a living space with wood-finish flooring
Living area featuring wood-finish flooring, a large window, crown molding, and wall-mounted shelving
Living room featuring wood-finish flooring, a large picture window, and a ceiling fan
Living area featuring wood-finish flooring, white walls, and a ceiling fan
Bathroom featuring shiplap wall paneling, a white vanity with an integrated sink, a wall-mounted medicine cabinet, and tile flooring
Spacious living area featuring wood-finish flooring, a front entry door with privacy blind, and a bay window
Entryway with light wood-finish flooring and a glass-paneled door
Entryway with wood-finish flooring, a white paneled door, and adjacent windows
Light-toned walls with an open doorway leading to an additional space
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Kitchen area featuring white cabinetry, white appliances, and tiled flooring
Kitchen featuring white cabinetry, light-toned tiled flooring, and a window with horizontal blinds
Kitchen featuring white cabinetry with decorative hardware, an electric range, and a tile backsplash
Kitchenette featuring white cabinetry, a light-colored countertop, and a white refrigerator
Room featuring wood-finish flooring, a single window, a sloped ceiling, a flush mount light fixture, and a paneled interior door
Attic room featuring wood-finish flooring, neutral-toned walls, and a recessed ceiling light
Upper level space featuring wood-finish flooring, two doorways, and sloped ceiling details
Tiled flooring in a room featuring a vanity with storage, a wall-mounted medicine cabinet, and a window with a curtain
Bathroom featuring a white toilet, light blue wall paint, and white bathtub with tiled surround
Bathroom with a white toilet, tile flooring, and yellow walls
Room featuring light neutral wall paint, a window with trim, a ceiling-mounted light fixture, and wood-finish flooring
Bathroom featuring a single-pane window, wall-mounted cabinetry with wood-finish doors, a built-in vanity with an integrated sink, and a toilet
Kitchen featuring light yellow walls, white upper cabinetry, brown lower cabinetry, and light-toned tile flooring
Kitchen featuring white upper cabinetry, wood-finish lower cabinetry, a tiled backsplash, and light-toned tile flooring
Bathroom with a white toilet and window, showcasing a tiled floor
Staircase with metal treads and a handrail
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Open-concept area featuring light-toned tile flooring, recessed lighting, and a white ceiling
Kitchen area featuring a window, tile flooring, and a white refrigerator
Recessed lighting and a flush mount fixture illuminate this space featuring tile flooring
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. (id:13843)
Details
| MLS # | 40823281 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1947 |
| Days On Site | 112 |
| Listing Provided By | Real Broker Ontario Ltd. | Eli Milenkoff |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,394 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | RM |
Exterior
| Lot Features | Paved driveway |
|---|
Parking
| Parking Total | 4 |
|---|
Taxes
| Tax Annual Amount | 4012.25 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Welland |
| Postal Code | L3B1R8 |
| Community Name | 773 Lincoln/Crowland |
| Listing VS Median (in 773 Lincoln/Crowland) | |
Price: $529,900 low | high Med: $412,450 sqft: 2,394 low | high Med: 887 $ / sqft: $221 low | high Med: $465 On site: 112 low | high Med: 40 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Welland |
| Postal Code | L3B1R8 |
| Community Name | 773 Lincoln/Crowland |
| Listing VS Median (in 773 Lincoln/Crowland) | |
Price: $529,900 low | high Med: $412,450 sqft: 2,394 low | high Med: 887 $ / sqft: $221 low | high Med: $465 On site: 112 low | high Med: 40 | |
Nearby Listings (Within 1/10 mile)
Price: $397K - $662K
sqft: 1,500 - 2,500
Listing Updated: July 9, 2026 at 1:59:31 PM PDT