307 Wallace Avenue S

307 Wallace Avenue S
307 Wallace Avenue S
307 Wallace Avenue S
+47
6
 bed
4
 bath
4
 parking
2394
 sqft
Multiplex
* This unit size is calculated from property.ca data
$529,900
Instant Estimate Not Available
For Sale
47 days
 on site
$529,900
Instant Estimate Not Available
* This unit size is calculated from property.ca data
Click to open the pre-gallery to get the direction
Size
2394 sqft
Lot size
4500 sqft
Street frontage
-
Possession
-
Price per sqft
$221
Taxes
$4,012.25 (2026)
Parking Type
-
Style
Other
See what's nearby
Description
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.
Broker: Real Broker Ontario Ltd.
MLS®#: 40823281
Property details
Parking:
4
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
2394 sqft
Lot front:
45 Ft
Lot depth:
100 Ft
Listed on:
Apr 29, 2026
Show all details
Instant estimate:
Not Available

Insufficient data to provide an accurate estimate

i
High-
Mid-
Low-
Have a home? See what it's worth with an instant estimate

Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.

About 307 Wallace Avenue S

307 Wallace Avenue S is a Welland multiplex for sale. 307 Wallace Avenue S has an asking price of $529900, and has been on the market since April 2026. This 2394 sqft multiplex has 6 beds and 4 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

For those residents of 307 Wallace Ave S, Welland without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Hagar St / Wallace Av S) and is a short distance away connecting you to Welland's public transit service. It also has route Ontario Rd nearby.

© 2026 Information Technology Systems Ontario, Inc.
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. Information deemed reliable but not guaranteed.