




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