$519,900

FOR SALE

Investment

Lot: 30 x 100 ftTotal Area: 1,500 ft²
2024 Taxes: $2,976.6

56 Wallace Ave S
Welland, ON L3B 1R5 | Niagara

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Welcome to 56 Wallace, a fantastic triplex located in the heart of Welland, Ontario. This property presents a great opportunity for investors and savvy homebuyers looking for a multifamily home. Situated in a convenient location, this triplex is just minutes away from all the amenities that Welland has to offer, including the 406 highway, shopping, restaurants, parks, and schools. Each unit in this triplex is separately metered for heat and hydro, and features its own separate entrance, providing privacy for tenants.

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Listed By	COLDWELL BANKER ADVANTAGE REAL ESTATE
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9265668
Last Updated	Aug 26, 2024

Property Summary

Property Type	Investment More like this: Welland Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
PIN	641140119
Occupancy	Tenant
Possession Date	IMM W/ TENANTS
Taxes (2024)	$2,976.6
Tax Type	Annual
Directions/Cross Streets	East Main St. to Wallace Ave S
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

Freestanding	Y
Lot	30 x 100 ft
Total Area	1,500 ft2
Air Conditioning	N
Garage Type	None
Heat Type	Other
Financial Statement	N
Gross Income/Sales	$40,476
Insurance Expense	$2,724
Taxes Expense	$2,977
Other Expenses	$1,680
Year Expenses	$2,023
Expenses Actual/Estimated	Est
Area Influences	Public Transit
Sewers	San+Storm
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	RL1
Seller Property Info Statement	N

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