DAVIDS&DELAAT
428 Wallace Avenue
+7 more

428 Wallace Avenue, Welland, ON

$479,900
For SaleNew

L3B 1R2

Listed October 9, 2026

6Bedrooms
3Bathrooms
2,500Sq. Ft.

About this property

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!

Features

ViewAir ConditioningBasement

Property Details

Listing

MLS® NumberX13883436
StatusFor Sale
ListedOctober 9, 2026
Listing TypeFor Sale
Listing OfficeCOLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Property

Property TypeMulti-Family
Interior Size2,500 ft²
Bedrooms6
Bathrooms3

Location

Community768 - Welland Downtown
CityWelland
ProvinceON
Postal CodeL3B 1R2

Taxes & Financials

Asking Price$479,900
Property Taxes (2025)$4,507/yr

Location & Walkability

428 Wallace Avenue, Welland, ON

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Last Updated: October 9, 2026

Listing Office: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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