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6 Beds
3 Baths

C$479,900

428 Wallace Avenue N, Welland ON, L3B 1R2

Property typeMulti-family

Overview

Active

New

Listed Oct 9, 2026

Updated 2 days ago

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!

Additional information

MLS® ID
X13883436

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$4,507
Tax Frequency
Annually
Garage
Yes

 

Courtesy of Listed by , COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE,

Based on information from the Toronto Regional Real Estate Board. 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 is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:11 AM UTC, 10/10/2026

 

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