307 Wallace Ave S Welland, ON L3B 1R8
307 Wallace Ave S Welland, ON L3B 1R8 | MLS X13060548 Photo 1
307 Wallace Ave S Welland, ON L3B 1R8 | MLS X13060548 Photo 2
307 Wallace Ave S Welland, ON L3B 1R8 | MLS X13060548 Photo 3
307 Wallace Ave S Welland, ON L3B 1R8 | MLS X13060548 Photo 4
307 Wallace Ave S Welland, ON L3B 1R8 | MLS X13060548 Photo 5
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
View All Property Details
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

Ariez Reyes Tamboowalla

(647) 360-2908

Property Details

Community Information

Address 307 Wallace Ave S, Welland, ON L3B 1R8
Area Niagara
City Welland
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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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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307 Wallace Ave S Welland, ON L3B 1R8 | MLS X13060548
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Listing Information Last Updated 8/27/2026
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Property.ca Inc. Brokerage are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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307 Wallace Ave S Welland, ON L3B 1R8
  • $499,900
  • 6 beds
  • 4 baths