$529,900

Investment For Sale In Eastdale, Welland, Ontario

$529,900

Property Information:

Investment opportunity at 307 Wallace Street in the heart of Welland — one of Niagara’s 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 Niagara’s most exciting emerging investment market. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Other
  • Floor Space: 2394 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Amenities Nearby: Park, Playground, Public Transit, Schools, Shopping
  • Built in: 1947
  • Community Features: School Bus
  • Features: Paved driveway
  • Floor Space (approx): 2394 Square Feet
  • Lot Depth: 100 Feet
  • Lot Frontage: 45 Feet
  • Zoning: RM
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: Real Broker Ontario Ltd.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Two-story residence featuring light-toned siding, a covered front porch, and a dedicated exterior staircase providing access to the upper level -
  • Paved driveway extending to a detached shed, bordered by a wooden privacy fence and a vinyl-sided exterior wall with a glass-paneled entry door -
  • Expansive outdoor space featuring a paved driveway, a detached shed with a gabled roof, and a grassy area -
  • Rear exterior with light-toned siding and a prominent brick chimney -
  • Expansive rear yard featuring a wooden deck with railing, a storage shed, and green lawn space -
  • Expansive grass lawn with perimeter fencing -
  • Two-story residence featuring light-colored siding and a covered front porch -
  • Aerial overview of the neighborhood, highlighting the property boundary -
  • Residential property featuring a red outlined perimeter, surrounded by a neighborhood of single-family homes -
  • Rear of property featuring a spacious wood deck, direct access through sliding glass doors, and a detached shed -
  • Property featuring a large main dwelling with a shingle roof, a detached garage, and a spacious backyard with green lawn -
  • Kitchen featuring extensive dark wood cabinetry, a tile backsplash, and a ceiling fan with integrated lighting -
  • Kitchen featuring wood-finish cabinetry, a patterned tile backsplash, light-toned countertops, and a large stainless steel refrigerator -
  • Sliding glass door opening to an exterior wood deck -
  • Wood-finish flooring throughout -
  • White tile flooring throughout, featuring a natural wood-finish storage cabinet with black hardware -
  • Kitchen featuring a full suite of appliances, wood-finish cabinetry, tile flooring, and a ceiling fan -
  • Living area featuring warm wood-finish flooring, light-toned walls, and a large front window with dark drapery -
  • Tiled entryway opening into a living space with wood-finish flooring -
  • Living area featuring wood-finish flooring, a large window, crown molding, and wall-mounted shelving -
  • Living room featuring wood-finish flooring, a large picture window, and a ceiling fan -
  • Living area featuring wood-finish flooring, white walls, and a ceiling fan -
  • Bathroom featuring shiplap wall paneling, a white vanity with an integrated sink, a wall-mounted medicine cabinet, and tile flooring -
  • Spacious living area featuring wood-finish flooring, a front entry door with privacy blind, and a bay window -
  • Entryway with light wood-finish flooring and a glass-paneled door -
  • Entryway with wood-finish flooring, a white paneled door, and adjacent windows -
  • Light-toned walls with an open doorway leading to an additional space -
  • Image quality insufficient for description -
  • Kitchen area featuring white cabinetry, white appliances, and tiled flooring -
  • Kitchen featuring white cabinetry, light-toned tiled flooring, and a window with horizontal blinds -
  • Kitchen featuring white cabinetry with decorative hardware, an electric range, and a tile backsplash -
  • Kitchenette featuring white cabinetry, a light-colored countertop, and a white refrigerator -
  • Room featuring wood-finish flooring, a single window, a sloped ceiling, a flush mount light fixture, and a paneled interior door -
  • Attic room featuring wood-finish flooring, neutral-toned walls, and a recessed ceiling light -
  • Upper level space featuring wood-finish flooring, two doorways, and sloped ceiling details -
  • Tiled flooring in a room featuring a vanity with storage, a wall-mounted medicine cabinet, and a window with a curtain -
  • Bathroom featuring a white toilet, light blue wall paint, and white bathtub with tiled surround -
  • Bathroom with a white toilet, tile flooring, and yellow walls -
  • Room featuring light neutral wall paint, a window with trim, a ceiling-mounted light fixture, and wood-finish flooring -
  • Bathroom featuring a single-pane window, wall-mounted cabinetry with wood-finish doors, a built-in vanity with an integrated sink, and a toilet -
  • Kitchen featuring light yellow walls, white upper cabinetry, brown lower cabinetry, and light-toned tile flooring -
  • Kitchen featuring white upper cabinetry, wood-finish lower cabinetry, a tiled backsplash, and light-toned tile flooring -
  • Bathroom with a white toilet and window, showcasing a tiled floor -
  • Staircase with metal treads and a handrail -
  • Image quality insufficient for description -
  • Open-concept area featuring light-toned tile flooring, recessed lighting, and a white ceiling -
  • Kitchen area featuring a window, tile flooring, and a white refrigerator -
  • Recessed lighting and a flush mount fixture illuminate this space featuring tile flooring -