307 S WALLACE Avenue S

Key facts

• Property type: Multi-family
• Structure: Fourplex
• Transaction: For Sale
• Price: $529,900
• Bedrooms: 6
• Bathrooms: 4
• Interior size: 2,394 sqft
• Year built: 1947
• Parking: 4
• Listing key: 29675693

Listing overview

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 transportati...