307 S Wallace Avenue S, Welland, Ontario L3B 1R8

Listed for:
$549,900
6 beds
4 baths
Listed 17 days ago
Fourplex for rent: 307 S Wallace Avenue S, Welland, Ontario L3B 1R8

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About

HWY 406 to East Main to Wallace 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:27476)

Property Highlights

MLS® Number
40823281
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
4

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2394 sqft
Bathrooms Total
4
Bedrooms Total
6
Amenities
Park, Playground, Public Transit, Schools, Shopping
Exterior Finish
Other
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Real Broker Ontario Ltd.
MLS® number:
40823281
Agent:
Eli Milenkoff
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