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6 Beds
3 Baths

C$479,900

428 WALLACE AVENUE N, Welland ( Welland Downtown ) Ontario, L3B1R2

Property typeMulti-family
Courtesy of ALAIN RABY with COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Overview

Active

Listed Oct 9, 2026

Updated 3 days ago

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! (id:41202)

Additional information

MLS® ID
X13883436

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$4,507
Tax Frequency
Annually
Garage
Yes

Courtesy of ALAIN RABY with COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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