307 Wallace Avenue S Welland, ON L3B 1R8
Listing Courtesy of: PropTX - IDX / Listed By: Real Broker Ontario Ltd.

  307 Wallace Avenue S Welland, ON L3B 1R8

Active
$499,900 (CAD)
6
BED
4
BATH
2000-2500
SQFT

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.

MLS®:
X13060548
Taxes
$2,006(2025)
Type
Multifamily
Style
2-Storey
County
Regional Municipality of Niagara
Community
773 - Lincoln/Crowland

Listed By

Real Broker Ontario Ltd.
Source
PropTX - IDX
Last checked Aug 28 2026 at 10:48 AM EDT
Bathroom Details
Interior Features
  • Separate Hydro Meter
Property Features
  • Foundation: Concrete Block
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Full
  • Separate Entrance
  • Partially Finished
  • Walk-Out
Pool Information
  • None
Exterior Features
  • Other
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Stories
  • 2

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 28, 2026
Price Changed
$499,900
-6%
-$30,000
May 30, 2026
Price Changed
$529,900
-4%
-$20,000
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 03:48