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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.
Broker
Real Broker Ontario Ltd.
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Fourplex
307 Wallace Avenue S Welland
Welland
Type
Fourplex
Basement
Full, Partially Finished, Separate Entrance, Walk-Out
Parking
None (4)
Property Tax
~$2,006/yr
Heating
Forced Air
Buying Essentials
Square Feet
2250 sqft
Facing Direction
West
Parking
None (4)
Finances
List Price
$499,900
Price per SQFT
$222/sqft
Property Tax
~$2,006/yr
Property Specs
Property Type
Fourplex
MLS Size
2250 sqft
Basement
Full, Partially Finished, Separate Entrance, Walk-Out
Living & Amenities
Heating Type
Forced Air
Features
Separate Hydro Meter
Policies & Utilities
Neighbourhood
Welland
Listed On
Apr 27, 2026
Days on Market
Current: 194 days
Room information is not available for this listing.
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