368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

307 Wallace Avenue S, Welland, ON L3B 1R8

$549,900
  • Sale
  • Fourplex
  • 19 days ago
  • Updated: 2026-04-30

Property Overview

Property Type
Fourplex
Bedrooms
6
Bathrooms
4
Garage
4
Size
N/A
Age
N/A
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.

Key Details

  • X13060548
  • 4
  • $549,900
  • Tenant
  • None
  • 4 + 4
  • 2-Storey
  • 6
  • 4
  • 2000-2500 Sqft
  • N/A SquareFeet
  • N/A
  • Fourplex
  • Sale

Additional Details

  • Forced Air / Gas
  • $2006
  • 2025
  • LT 685 PL 960; PT LT 684 PL 960 AS IN RO516727 ; WELLAND
  • N/A
  • N
  • Full,Partially Finished,Separate Entrance,Walk-Out
  • None
  • Municipal
Neighbourhood profile DA 35260259 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

Dwelling types

Bedroom mix

Condition & suitability

Built when?

Homes by decade.

Median HH income

before tax

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median

Median individual

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Income benchmarks

Shelter cost burden (30%+ of income)

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Education (ages 25-64)

Population

Median age

Avg HH size

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Age groups.

Language at home

Visible minority

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Employment rate

Unemployment

labour force

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of employed

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stable jobs

Commute mode

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Pop. density

per km²

5-yr stability

did not move

Occupied dwellings

Pop. change

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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FAQ
  • What is the total square footage of the x13060548 - 307 Wallace Avenue S, Welland, ON L3B 1R8?

    The total square footage of this property is 2000-2500 SqFt.

  • What schools near to x13060548 - 307 Wallace Avenue S, Welland, ON L3B 1R8?

    The nearest schools are Princess Elizabeth Public School for elementary and Eastdale Secondary School for secondary.

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