Price ChangeFor Sale

307 Wallace Avenue S
Welland, Niagara, ON, L3B 1R8

Fourplex
TRREB
MLS® Number: X13060548

Real Broker Ontario Ltd.

Listing brokerage
Estimated Value
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$499,900List Price
6Bedrooms
4Bathrooms
0Garages
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$499,900
Previously Listed For:
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Listing History

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Current valuation for 307 Wallace Avenue S, Welland, ON L3B 1R8. Listed for $499,900 on 2026-10-19

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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.

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Amenities

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Summary

Tax:$2,006 / 2025
Listing #:X13060548
Property Type:Fourplex, 2-Storey
Size:2000-2500 feet²
Land Size:45 x 100
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:Real Broker Ontario Ltd.

Details

Property

Property Type:Fourplex
Style:2-Storey
Community:773 - Lincoln/Crowland
Municipality:Niagara

Building

Size:2000-2500 feet²
Construction:Other

Inside

Bedrooms:6
Bedrooms Above Grade:6
Bathrooms:4
Kitchens:4
Family Room:No
Appliances Included:Separate Hydro Meter
Basement:Full, Partially Finished, Separate Entrance, Walk-Out

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:4

Utilities

Cooling:None
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Sewer

Land

Cross Street:Lincoln

$499,900

List price

307 Wallace Avenue S, Welland – 6 bed Fourplex for sale · MLS® # X13060548