3 days on Market

307 Wallace Ave, Welland, Ontario L3B 1R8

Townhouse
-
4
~2394 sqft
$549,900
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Townhouse
-
4
~2394 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$229/sqft

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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.


Property Details

StyleResidential Income
View-
Age of property1947
SqFt~2394 SqFt
Lot Size4,500 SqFt(100 x 45)
Parking Spaces4
MLS ®Number40823281
Community NameEastdale
Data SourceITSO
Listing byReal Broker Ontario Ltd.

Features

Heating: Forced Air, Natural Gas
Basement: Separate Entrance, Walk-Out Access, Full, Partially Finished

Features

Lot size: 4,500 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Apr 29, 2026
ListedActive
$549,900
3 days on market
history photo preview50
Listing by itso®
Property listed by Real Broker Ontario Ltd., Brokerage
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Population and Demographics

Overview

Total population 1849
Average household income $82,698

Age (%)

0 to 19
18%
20 to 34
20%
35 to 49
17%
50 to 64
22%
65 and plus
24%

Household composition (%)

Single family
55%
Single person
41%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
76%
French
14%
Italian
3%
English and French
3%
Others
2%
Spanish
1%

House tenancy (%)

Owners
57%
Renters
43%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget