$529,900
FOR SALE

Fourplex 2-Storey

Bedrooms: 6Bathrooms: 4Lot: 45 x 100 ft
2025 Taxes: $2,006

307 Wallace Ave S
Welland, ON L3B 1R8 | 773 - Lincoln/Crowland | Niagara

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.
Extras
Separate Hydro Meter
Share
Listed By Real Broker Ontario Ltd.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13060548
Last Updated May 30, 2026
Property Summary
Property Type Fourplex

More like this:
PIN 641110096
Legal Description LT 685 PL 960; PT LT 684 PL 960 AS IN RO516727 ; WELLAND
Possession Date Immediately - with Tenants.
Taxes (2025) $2,006
Directions/Cross Streets Lincoln
Neighbourhood 773 - Lincoln/Crowland
Area Niagara
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 6
Bathrooms 4
Lot 45 x 100 ft
Exterior Other
Air Conditioning None
Basement Full, Partially Finished, Separate Entrance, Walk-Out
Garage Type None
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer
Seller Property Info Statement Y

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)