$499,900
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307 Wallace Avenue S, Welland on L3B 1R8, Welland, ON L3B 1R8

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6 Beds
4 Baths
2,394 Sq Ft

Investment opportunity at 307 Wallace Street in the heart of Welland one of Niagaras 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 Niagaras most exciting emerging investment market.

Listing By: Eli Milenkoff - Real Broker Ontario Ltd. cnitso Realty.com
  • MLS® 40823281
  • Date Listed04/29/2026
  • Days on Realty 154 Days
  • Bedrooms 6
  • Bathrooms 4 baths
  • Lot Size 4,500 sq. ft
  • County Niagara
  • Year Built 1947
  • Square Feet 2,394 sq. ft
  • Price Per Sq. Ft $208.81

Interior Features

  • Appliances Dryer, Refrigerator, Stove, Washer
  • Cooling None
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 4,500.00
  • Lot Features Park, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby

Directions

HWY 406 to East Main to Wallace

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L3B 1R8

Discover key demographics, population statistics, and environmental insights for the Welland, ON area.

Walkability in ON / L3B 1R8

Source: Walk Score

67/100

Somewhat Walkable

Walk Score ®

31/100

Some Transit

Transit Score ®

54/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

13 nearby routes: 13 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 12/100, Bike Score: 35/100.

Points of Interest near 307 Wallace Avenue S, Welland ON L3B 1R8, Welland, ON L3B 1R8

Frequently Asked Questions for 307 Wallace Avenue S, Welland ON L3B 1R8

Source: Realty.com

307 Wallace Avenue S, Welland ON L3B 1R8, Welland, ON L3B 1R8 in Welland, ON L3B 1R8 is a multi family listed at $499,900. Highlights include 6 bedrooms, 4 bathrooms, 2,394 sq. ft., built in 1947, $209 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 307 Wallace Avenue S, Welland ON L3B 1R8.

Our records indicate that 307 Wallace Avenue S, Welland ON L3B 1R8 was built in 1947.

The full address for this home is 307 Wallace Avenue S, Welland ON L3B 1R8, Welland, ON L3B 1R8.

307 Wallace Avenue S, Welland ON L3B 1R8 has been listed on Realty.com since Wed April 29, 2026

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 12/100, Bike Score: 35/100.

Listing provided courtesy of: Real Broker Ontario Ltd. (tel: 888-311-1172)
Listing agent: Eli Milenkoff

This content last refreshed on 2026-09-30 23:51:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.