428 Wallace Avenue N

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!

Listing Details

MLS #

40870477

Board

ITSO

Market

ontario

Property Type

Duplex Side/Side

Style

Residential Income

Year Built

1941

Garage Spaces

2

Parking Spaces

8

Basement

Full, Unfinished

Heating

Forced Air, Natural Gas

Cooling

Central Air

Lot Size

60.00 × 101.8 ft

Annual Taxes

$4,507/yr

Listed By

COLDWELL BANKER ADVANTAGE REAL ESTATE

Presented By

REMAX Hallmark®

Listed On

October 9, 2026

Days on Market

0

Features & Extras