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