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$479,900
Status: For Sale
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 Type | :Residential Freehold |
|---|---|
| MLS Number | :X13883436 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :09 Oct, 2026 (13 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | :
L3B 1R2
|
| Price | : $479,900 |
|---|---|
| Property Taxes | :$4507.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :6 + |
|---|---|
| No. of Rooms | :10 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Cross Street | :E Main x Wallace |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :2500-3000 sqft |
| Exterior Finish | :Stucco (Plaster) |
|---|---|
| Parking Space | :8 |
| Basement | :Full |
| Garage | :Detached |
|---|
09 Oct, 2026
TREB #X13883436
Listed
$479900.0
