Active Fourplex For Sale 53 DOM · sitting
$529,900
MLS® X13060548

307 Wallace Avenue S, Welland, ON L3B 1R8

Welland · 773 - Lincoln/Crowland · L3B 1R8
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Four-unit building with separate hydro meters and RM zoning in Welland's core—solid cash-flow play at $529,900.
6
Beds
4
Baths
2000-2500
Sqft
4
Parking

About this home

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.

📋 Property summary 8 details
Property Type
Fourplex
Style
['2-Storey']
Square Footage
2000-2500
Days on Market
53 days
Annual Taxes
$2,006
Lot Size
45.0' × 100.0'
Community
773 - Lincoln/Crowland
Parking
4.0 spaces
🏠 Interior 1 features
Basement
Full, Partially Finished, Separate Entrance, Walk-Out
Interior features
Separate Hydro Meter
🧱 Building & exterior
Foundation
Concrete Block
Exterior
Other
⚡ Utilities
Heating
Forced Air
Cooling
['None']
Sewer
['Sewer']
🌳 Lot & land
Frontage
45.0 ft
Depth
100.0 ft
Source
MPAC
📃 Listing details
MLS® Number
X13060548
Days on Market
53 days
Possession
Immediate
Listing Brokerage
Real Broker Ontario Ltd.

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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Location

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About Welland

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$529,900
307 Wallace Avenue S, Welland, ON L3B 1R8
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 307 Wallace Avenue S, Wella... is priced fairly, over, or under.

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