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(416) 919-7107
Real Estate Company
428 Wallace Avenue N, Welland, ON L3B 1R2
- $479,900
- 6
- BD
- 3
- BA
- 2,500
- SqFt
- List Price
- $479,900
- MLS#
- X13883436
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Duplex
- Style
- 2-Storey
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 2500-3000
- Province
- ON
- Municipality
- Welland
- Area
- Niagara
- Neighborhood
- 768 - Welland Downtown
- Subdivision
- E Main X Wallace
Property Description
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!
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Additional Information
- Taxes
- $4,507
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 2
- Exterior
- Stucco (Plaster)
- Garage Spaces
- 2
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 8
- Parking Type
- Private Double
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Listing courtesy of COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE.