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.
Key Facts:
Tax:
$2,006 / 2025
Property Type:
Fourplex
Sq. ft. size
2000-2500 sq. ft.
Lot Size:
45 x 100 feet
Lot Irregularities:
LT 685 PL 960; PT LT 684 PL 960 AS IN RO516727 ; WELLAND
Parking:
4 spaces
Basement:
Full, Part Fin
Listing #:
X13060548
Original Price:
$549,900
Days on Site:
191 days
Status Change:
68 days ago
Added to CiRealty:
2026-04-29
Updated on:
2026-08-27
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 307 Wallace Ave S, Welland. Listed for $499,900 on 2026-04-29
Property
Property Type:
Fourplex
Style:
2-Storey
Community:
Lincoln/Crowland
Municipality:
773
Inside
Bedrooms:
6
Bathrooms:
4
Bathrooms Detail:
1 × 3pc
Bathrooms Detail:
1 × 3pc
Bathrooms Detail:
1 × 3pc
Bathrooms Detail:
1 × 3pc
Kitchens:
4
Rooms:
6
Family Room:
No
Den:
No
Fireplace:
No
Central Vac:
No
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Forced Air
Building
Size:
2000-2500 sq. ft.
Construction:
Other
Parking
Garage Type:
None
Driveway Spaces:
4
Total Parking Spaces:
4
Land
Sewer:
Sewers
Frontage:
45 feet
Depth:
100 feet
Cross Street:
Lincoln
Property
Property Type:
Fourplex
Style:
2-Storey
Community:
Lincoln/Crowland
Municipality:
773
Building
Size:
2000-2500 sq. ft.
Construction:
Other
Parking
Garage Type:
None
Driveway Spaces:
4
Total Parking Spaces:
4
Inside
Bedrooms:
6
Bathrooms:
4
Bathrooms Detail:
1 × 3pc
Bathrooms Detail:
1 × 3pc
Bathrooms Detail:
1 × 3pc
Bathrooms Detail:
1 × 3pc
Kitchens:
4
Rooms:
6
Family Room:
No
Den:
No
Fireplace:
No
Central Vac:
No
Land
Sewer:
Sewers
Frontage:
45 feet
Depth:
100 feet
Cross Street:
Lincoln
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Forced Air
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