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428 Wallace Avenue N

768 - Welland Downtown, Welland, L3B 1R2

$479,900

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  • 6 bedrooms
  • 3 bathrooms
  • 8 parking
  • 2500-3000 sq ft

Listed 10 days ago · MLS® X13883436

About this home

RARE OPPORTUNITY WITH ENDLESS POSSIBILITIES! Welcome to 428 Wallace Avenue North in Welland, a unique property offering residential rental income along with a substantial commercial-style shop space. Featuring approximately 4,500 sq. ft. of combined space, the property includes a detached home of approximately 1,400 sq. ft. and a separate building offering approximately 2,926 sq. ft. across the main-floor shop and upper-level residential apartment. Both the home and apartment are currently tenanted, providing existing rental income, while the shop is owner-occupied and offers excellent space for a business, workshop, storage or personal use. Whether you're an investor looking to expand your portfolio, a business owner wanting to operate from your own property while collecting rental income, or someone exploring future redevelopment or additional residential units, this property offers plenty of potential. A unique opportunity with multiple income streams and possibilities, all in one location!

Details

Type
Duplex
Style
2-Storey
Age
51-99 years
Size
2500-3000 sq ft
Lot
60 × 101.8 ft
Basement
Full, Unfinished
Garage
Detached
Kitchens
2
Property tax
$4,507 (2025)
Neighbourhood
768 - Welland Downtown
Municipality
Welland

Interior

Bedrooms
6 above ground
Bathrooms
1 × 3-piece, 1 × 3-piece, 1 × 2-piece
Rooms
10 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Stucco (Plaster)
Roof
Asphalt Shingle
Foundation
Block, Concrete
Age
51-99 years
Faces
East
Outdoor
Workshop

Parking

Garage spaces
2
Total parking
8
Driveway and parking
Private Double

Lot

Size
60 × 101.8 ft

More

Possession
Flex
Cross street
E Main x Wallace

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 7 cafés and restaurants, 5 parks, 3 pharmacies. Nearest park: Manchester Park (600 m).

Schools nearby

Elementary

  • St. Andrew Catholic Elementary School Catholic
    EQAO: Gr 6 reading 86%, math 96%    10 min walk
  • Princess Elizabeth Public School
    EQAO: Gr 6 reading 90%, math 48%    16 min walk
  • École secondaire Franco-Niagara French16 min walk
  • St. Kevin Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 92%    1.4 km

Secondary

  • Eastdale Secondary School
    EQAO: Gr 9 math 43%, literacy test 92%    18 min walk
  • Notre Dame College School Catholic
    EQAO: Gr 9 math 56%, literacy test 85%    1.3 km
  • École secondaire Saint-Jean-de-Brébeuf Catholic · French
    EQAO: Gr 9 math 67%, literacy test 91%    1.9 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L3B

Owners / renters
65% / 35%
Median household income
$66,500
Average age
43
Children under 15
16%
Homes
65% detached, 3% high-rise
Commute by transit
2%
Population
25,869

Languages spoken most at home besides English: Spanish 0.6%, Italian 0.5%, Urdu 0.4%, Punjabi (Panjabi) 0.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Niagara Region (St. Catharines) police: 54 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 73 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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