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Est. payment | -/mo

6 Beds

3 Baths

Save

Est. payment | -/mo

Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 768 - Welland Downtown

MLS Listing ID X13883436

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,507

Tax Year 2025

Property Sub-Type Duplex

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!

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 2

Interior

Interior Features Other

Cooling Central Air

Exterior

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.0

Lot Depth 101.8

Total Parking Spaces 8

Building

Building Age 51-99

Foundation Block, Concrete

Others

Senior Community Yes

ParcelsYN No

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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428 Wallace AVE N Welland, ON L3B 1R2