428 Wallace Avenue N
768 - Welland Downtown · Welland · ON · L3B 1R2
On market 26 days
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!
Key facts
See this home in person
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Open houses
No upcoming open houses.
Property details
Rooms & baths
- Bedrooms above / below
- 6
Basement
- Basement
- Full, Unfinished
Parking & garage
- Total
- 8
Lot
- Width / Depth
- 60 ft
Taxes & fees
- Taxes
- $4,507/yr
Overview
- Property type
- Duplex
- Style
- 2-Storey
- Age
- 51-99
Mortgage calculator
Location
Market Overview
Welland
Listing data provided by the Toronto Regional Real Estate Board (TRREB).
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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Last updated: November 4, 2026.