428 Wallace Avenue N,Welland (Welland Downtown), ON L3B1R2
Welland (Welland Downtown), ON L3B1R2
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! (id:13843)
Details
| MLS # | X13883436 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 13 |
| Listing Provided By | COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE | ALAIN RABY |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,500 |
| Garage | 8 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Block, Concrete |
|---|
Parking
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 8 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4507 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| City | Welland (Welland Downtown) |
| Postal Code | L3B1R2 |
| Listing VS Median (in L3B1R2) | |
Price: $479,900 low | high Med: $479,900 sqft: 2,500 low | high Med: 2,500 $ / sqft: $192 low | high Med: $192 On site: 13 low | high Med: 13 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Welland (Welland Downtown) |
| Postal Code | L3B1R2 |
| Listing VS Median (in L3B1R2) | |
Price: $479,900 low | high Med: $479,900 sqft: 2,500 low | high Med: 2,500 $ / sqft: $192 low | high Med: $192 On site: 13 low | high Med: 13 | |
