428 Wallace AVE, Welland, ON L3B 1R2
428 Wallace AVE, Welland, ON L3B 1R2
428 Wallace AVE, Welland, ON L3B 1R2
428 Wallace AVE, Welland, ON L3B 1R2
428 Wallace AVE, Welland, ON L3B 1R2
428 Wallace AVE, Welland, ON L3B 1R2
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$ 479,900
Est. payment | /mo

3 Baths

2,853 SqFt


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$ 479,900
Est. payment | /mo
Save

3 Baths

2,853 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Side/Side

Listing Status Active

Purchase Type For Sale

Square Footage 2,853 sqft

Price per Sqft $168

MLS Listing ID 40870477

Abv Grd Liv Area 2,853

Year Built 1941

Annual Tax Amount $4,507

Property Sub-Type Duplex Side/Side

Source Cornerstone

Property Description

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!

Location

Province ON

County Niagara

Area Welland

Zoning RL2

Direction E Main - N on Wallace

Rooms

Basement Full, Unfinished

Kitchen 0

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry In-Suite

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Roof Type Asphalt Shing

Lot Frontage 60.0

Lot Depth 101.8

Garage Yes

Building

Lot Description City Lot, Highway Access, Shopping Nearby

Faces E Main - N on Wallace

Story 2

Foundation Block

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Stucco

New Construction No

Others

Senior Community false

Tax ID 641150109

Ownership Freehold/None

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE

Nearby Locations

Kseniya Pichardo Martinez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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428 Wallace AVE