428 Wallace Avenue N, Welland - $479,900 | Modern Solution Realty

428 Wallace Avenue N

428 Wallace Avenue N, Welland

428 Wallace Avenue N in Welland - 6 bedroom, 3 bathroom. Listed at $479,900.

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!

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 2750 sqft
  • Basement: Full
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 8 spaces
  • Property Taxes: $4,507/yr
  • Neighbourhood: 768 - Welland Downtown
  • Postal Code: L3B 1R2

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