428 Wallace Avenue N
Welland Downtown · Welland, ON L3B 1R2
Listing brokerage: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Asking price
$479,900
Key facts
- MultiplexProperty type
- 6Bedrooms
- 3Bathrooms
- 8 spacesParking
- 2,750 sq ftLiving space
- 60 ftLot frontage
- Oct 9, 2026Listed
- 31 daysOn market
- X13883436MLS® number
About this home
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!
Price history
- Listed$479,900
Location
428 Wallace Avenue N, Welland
Schools & transit
School locations and boards shown from open data. We do not publish rankings; any future scores will be sourced, dated and shown factually.
Nearby schools
- Bronston Canadian AcademyPrivate · K–12 · 380 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- St Andrew Catholic Elementary SchoolNiagara CDSB · Elementary · 614 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Princess Elizabeth Public SchoolDSB Niagara · Elementary · 1.0 km in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
Nearby transit
Lines nearby: GO Lakeshore West, 11, 12
- Brock UniversityGO Transit · 13.9 km in a straight line · about 173 min walk (estimate) · 11
- Stanley Ave. @ Hwy. 420 Park & RideGO Transit · 16.7 km in a straight line · about 209 min walk (estimate) · 12
- St. Catharines GOGO Transit · 17.2 km in a straight line · about 215 min walk (estimate) · GO Lakeshore West
Sources
- Contains information licensed under the Open Government Licence – Ontario. Source: Ontario Ministry of Education.
- Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service.
MLS® #X13883436
Last updated Oct 9, 2026
MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA)/the applicable board and identify the quality of services provided by real estate professionals who are members.
Listing data is provided under licence by the Toronto Regional Real Estate Board and is deemed reliable but not guaranteed accurate.
