307 Wallace Avenue S, Welland, ON L3B 1R8
$529,900
$529,900

307 Wallace Avenue S

773 - Lincoln/Crowland, Welland, Niagara $529,900

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6 Beds
4 Baths
2000-2500 sqft
Parking for 4
West Facing
MLS®#:
X13060548
Property Type:
Fourplex
Property Style:
2-Storey
Area:
Niagara
Community:
773 - Lincoln/Crowland
Taxes:
$2,006 / 2025
Added:
April 27 2026
Lot Frontage:
45
Lot Depth:
100
Status:
Active
Outside:
Other
Year Built:
Basement:
Full,Partially Finished,Separate Entrance,Walk-Out
Brokerage:
Real Broker Ontario Ltd.
Lot :

100

45

Intersection:
Lincoln
Rooms:
Bedrooms:
6
Bathrooms:
4
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Forced Air
Heating Fuel:

Listing Details

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.

Insights

  1. Investment Potential: This property is a solid fourplex with four separate hydro meters, making it an attractive investment opportunity for cash flow and long-term appreciation in a growing market.
  2. Prime Location: Centrally located in Welland, the property is within walking distance to amenities, public transit, and parks, enhancing its appeal to potential tenants and ensuring high occupancy rates.
  3. Diverse Tenant Pool: Proximity to Niagara College guarantees a consistent demand for rental units from students, faculty, and tradespeople, providing a reliable income stream for investors.

Sale/Lease History of 307 Wallace Avenue S

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Neighborhood Overview

Complete neighborhood profile for 307 Wallace Avenue S

773 - Lincoln/Crowland home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 773 - Lincoln/Crowland

Insights for 307 Wallace Avenue S

View the highest and lowest priced active homes, recent sales on the same street and postal code as 307 Wallace Avenue S, and upcoming open houses this weekend.

* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)