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$499,900

6 Beds 4 Baths 2,394 SQFT 0.00 Acres
Type: Multi-Family

307 S WALLACE Avenue S
Welland, ON L3B1R8

MLS#: 40823281
Xiaozhou Geng
Xiaozhou Geng
Condo Digs
Sales Representative
Phone: 905.348.3318
Office: 416.883.0892
Presented by: Real Broker Ontario Ltd.

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. (id:7434)


 

Interior Features

Bedrooms

Bedrooms6

Other Interior Features

Basement DevelopmentPartially finished
Basement TypeFull (Partially finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Living Area Range2,394 sqft

General

AmenitiesPark, Playground, Public Transit, Schools, Shopping
Building Cooling TypeNone
Building TypeFourplex
Building.StoriesTotal2
Community FeaturesSchool Bus
FeaturesPaved driveway
Location DescriptionHWY 406 to East Main to Wallace
Ownership TypeFreehold
Parking Space Total4
Property TypeMulti-family
Zoning DescriptionRM

Exterior

Exterior FinishOther
Land AmenitiesPark, Playground, Public Transit, Schools, Shopping
SewerMunicipal sewage system

Additional Details

  

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$499,900

6 Beds 4 Baths 2,394 SQFT 0.00 Acres
Type: Multi-Family

307 S WALLACE Avenue S
Welland, ON L3B1R8

MLS#: 40823281
Xiaozhou Geng
Xiaozhou Geng
Condo Digs
Sales Representative
Phone: 905.348.3318
Office: 416.883.0892
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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