For Sale: 428 Wallace Avenue N, Welland, ON - REW
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$479,900
6 bd • 3 ba • 2500 - 2999 sf • Multifamily
428 Wallace Avenue N
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$479,900
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428 Wallace Avenue NWelland, ON, L3B 1R2

  • 6 Bed
  • 3 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

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! (id:63626)
Listed by: ALAIN RABY, Broker of Record, COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Home facts and features

Price details
List Price
$479,900
Get Pre-Approved
Gross Taxes for 2026
$4,507
Home facts
Bedrooms
6
Full Bathrooms
2
Partial Bathrooms
1
Parking Spaces
8
Parking Details
Detached Garage, Garage
Property Type
Multifamily
Lot Size
60 ft x 101 ft (6108 ft²)
Depth
101.8 feet
Frontage
60.0 feet
Exterior Finish
Stucco
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Unfinished, Full
Agent details
Primary Agent
ALAIN RABY
Primary Broker
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Listing details
Days on REW
1 Day
MLS® Number
X13883436
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

DSBN Academy
  • Public
  • 6 - 12
St Andrew Catholic Elementary School
  • Catholic
  • JK - 8
Confédération
  • Public
  • 7 - 12
Princess Elizabeth Public School
  • Public
  • JK - 8
Collège Notre-Dame
  • Catholic
  • 9 - 12
Eastdale Secondary School
  • Public
  • 9 - 12
Notre Dame College School
  • Catholic
  • 9 - 12
St Kevin Catholic Elementary School
  • Catholic
  • JK - 8
Plymouth Public School
  • Public
  • JK - 8
Ross Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker of Record
ALAIN RABY
Phone:
(905) 788-3232
Office:
905-788-3232
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