About this property

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!

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13883436
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	2,500 sq ft
Beds / Baths	6 bed · 3 bath
Property Taxes (2025)	$4,507
Neighbourhood	768 - Welland Downtown
City	Welland
Postal Code	L3B 1R2
Province	ON
Listed Date	October 9, 2026
Days on Market	0
Price per Sq Ft	$192
Brokerage	COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE