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 ap...proximately 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!
Full Property Details
Interior
Bedrooms
6
Total Bedrooms
6
Washrooms
3
Square Footage
2500-3000 sqft
Basement
Full,Unfinished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
2
Total Kitchens
2
Fireplace Features
No
Bedrooms
6
Total Bedrooms
6
Washrooms
3
Square Footage
2500-3000 sqft
Basement
Full,Unfinished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
2
Total Kitchens
2
Fireplace Features
No
Exterior
Depth
101.8
Front
60.0
Driveway
Private Double
Lot Size
60 x 101.8 ft
Pool
None
Parking Spaces
8
Total Parking Spaces
8.00
Parking Description
Detached
Garage Spaces
2
Depth
101.8
Front
60.0
Driveway
Private Double
Lot Size
60 x 101.8 ft
Pool
None
Parking Spaces
8
Total Parking Spaces
8.00
Parking Description
Detached
Garage Spaces
2
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Duplex
Year Built
51-99
Property Orientation
East
Exterior Finish
Stucco (Plaster)
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Duplex
Year Built
51-99
Property Orientation
East
Exterior Finish
Stucco (Plaster)
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Welland Downtown
Community
Welland Downtown
Taxes & Fees
Taxes
$4,507 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$4,507 /yr
Tax Year
2025
Occupancy
Tenant
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