428 Wallace Avenue
768 - Welland Downtown, Welland, L3B 1R2
FOR SALE
$479,900
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6
BEDROOMS 3
BATHROOMS 2
KITCHENS 10
ROOMS X13883436
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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!
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Property Features
Other, Private Double
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Property Details
Address
428 Wallace Avenue
Community
City
Postal Code
L3B 1R2
Property Type
Duplex, Duplex
Lot Size
60' x 102'
Taxes
$4,507 (2025
Basement
Full, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
Detached
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Listing contracted with Coldwell Banker Advantage Real Estate Inc, Brokerage
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