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Nick Soloviov

nick@nick.realtor +1(647) 767-6116

$ 499,900

Est. payment -/mo

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Price Dropped by $30K

307 Wallace AVE S Welland, ON L3B 1R8

6 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X13060548

Style 2-Storey

Bedrooms 6

Annual Tax Amount $2,006

Tax Year 2025

Property Sub-Type Fourplex

Property Description

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.

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Full, Partially Finished, Separate Entrance, Walk-Out

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 45.0

Lot Depth 100.0

Total Parking Spaces 4

Building

Foundation Concrete Block

Others

ParcelsYN No

Virtual Tour https://drive.google.com/file/d/1_-IRtavGh7c5f6uL9OMpz8ILbgJaeHZy/view?usp=sharing

Listed by Real Broker Ontario Ltd.

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Nick Soloviov

Real Estate Agent - Landpower Real Estate LTD. RECO 5013486

+1(647) 767-6116

nick@nick.realtor

onlinelistings.realestate/

3621 Hwy 7 #403, Markham, ON L3R 0G6, CAN

Nick Soloviov

307 Wallace AVE S Welland, ON L3B 1R8

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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307 Wallace AVE S