307 S WALLACE Avenue S

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. (id:66966)

Details

Type

Multiplex

Size

2394 sq ft

Basement

Partially finished, Full

Property tax

$4,012

Neighbourhood

Lincoln/Crowland

Municipality

Welland

Interior

Fireplace

No

Heating, cooling and services

Heating

Forced air, Natural gas

Water and sewer

Municipal sewage system

Building and exterior

Year built

1947

Parking

Total parking

4

Location

Location is approximate. See nearby homes on the map