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    For Sale - 428 Wallace Avenue, Welland, Ontario

    Est payment $2,304/mo
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    Views   1
    Time on Jump  14 day

    AI Summary *

    • Unique property with both residential rental income and commercial shop space.
    • Approximately 1,400 sq. ft. home with existing tenants for immediate income.
    • Separate 2,926 sq. ft. shop and apartment offer diverse usage options.
    • Great for investors, business owners, or future redevelopment plans.
    • Multiple income streams available in one convenient location.




    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!
    Listing IDX13883436
    Address428 Wallace Avenue
    CityWelland, Ontario
    Price$479,900
    Bed / Bath6 / 3 Full
    Style2-Storey, Duplex
    ConstructionStucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features OtherOwnership FreeholdBasement Full, UnfinishedFoundation Block, ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Brokerage: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    428 Wallace Avenue
    Welland , Ontario
    6 3 $479,900
    Get more info