428 Wallace AVE N, Welland, ON L3B 1R2
428 Wallace AVE N, Welland, ON L3B 1R2
428 Wallace AVE N, Welland, ON L3B 1R2
11
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$479,900
Est. payment /mo
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6 Beds
3 Baths
New

428 Wallace AVE N Welland, ON L3B 1R2

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 768 - Welland Downtown

MLS Listing ID X13883436

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,507

Tax Year 2025

Property Sub-Type Duplex

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 Niagara

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 2

Interior

Interior Features Other

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.0

Lot Depth 101.8

Total Parking Spaces 8

Building

Building Age 51-99

Foundation Block, Concrete

Others

ParcelsYN No


Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

NEARBY SCHOOL & BUSINESS

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Anthony Di Chiazza

Anthony Di Chiazza

Realtor

+1(416) 877-4940

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428 Wallace AVE N