307 Wallace Ave S
Welland, ON L3B 1R8
For more information on this listing, contact us at: (647) 360-2908
Active
$499,900
-9.1%
307 Wallace Ave S Welland, ON L3B 1R8
Fourplex
Property Type
6
Beds
4
Baths
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
Monthly Assoc. Fee
N/A
On Site
159 Days
Last Updated
8/27/2026
Location
Contact Agent
Ariez Reyes Tamboowalla
(647) 360-2908Property Details
Community Information
Address
307 Wallace Ave S, Welland, ON L3B 1R8
Area
Niagara
City
Welland
Community
773 - Lincoln/Crowland
Postal Code
L3B 1R8
Architecture
Bedrooms
6
Bathrooms
4
Stories
2
Style
2-Storey
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Basement
Full, Partially Finished, Separate Entrance, Walk-Out
Features / Amenities
Interior Features
Separate Hydro Meter
Kitchens Total
4
Direction Faces
West
Parking Spaces
4
Heat Type
Forced Air
Heat Source
Gas
Property Features
Sq. Ft.
2000-2500
Sewer
Sewer
Directions
HWY 406 to East Main to Wllace
Tax and Financial Info
Tax Annual Amount
$2,006
Tax Year
2025
Listing Office
Listing provided courtesy of Real Broker Ontario Ltd..
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Purchase price
Down payment
Mortgage values are calculated by Sierra Interactive based on the listing price provided in the TREBB datafeed. Mortgage Calculator is not part of the listing information provided by TREBB.
Price Change History
| Date | Old Price | New Price | Percent Change |
| 5/30/2026 | $549,900 | $529,900 |
-3.6%
|
| 8/27/2026 | $529,900 | $499,900 |
-5.7%
|
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Listing Information Last Updated 8/27/2026
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