Welcome to 56 Wallace, a fantastic triplex located in the heart of Welland, Ontario. This property presents a great opportunity for investors and savvy homebuyers looking for a multifamily home. Situated in a convenient location, this triplex is just minutes away from all the amenities that Welland has to offer, including the 406 highway, shopping, restaurants, parks, and schools. Each unit in this triplex features its own separate entrance, providing privacy for tenants. This triplex has a large fenced backyard, offering ample outdoor space for tenants to enjoy. Don't miss out on this fantastic opportunity to own a triplex in a convenient location in Welland. Whether you're an investor or looking for a multifamily home, 56 Wallace offers great potential and versatility. Book your viewing today!

Rare Development Opportunity in Welland's Most Sought After Community. RL1 Zone Permits A semi-Detached Along With Multiple Other Use's. Service's Available At The Road. VTB Available For Qualified Buyer

Situated on a quiet street and surrounded by large family homes, beautiful parks & golfing, this 50 x 278 foot lot represents an incredible opportunity for anyone looking to build their dream home!! Additional 80 feet for potential future severance & development available.

Stunning Freshly renovated & Painted detached unit in AAA location with a commercial zoning. Ideal for investment/ First time home buyers.3 separate units(One 2 bedroom Apartment, One bachelor Apartment, One 1 bedroom apartment). The total potential rental is $3800 (Front unit-$1250, Middle unit-1650, Back unit-$900)

Attention investors! Newly renovated bungalow situated on large corner lot with mature trees! This wonderful home features 2 bedrooms, 4pc bathroom, living, dining and kitchen on the main floor. Private finished basement with 1 bedroom, 3pc bath, kitchen, living area, contained shared laundry and separate entrance. Renovations includes Painted throughout, new flooring, new kitchens , smooth ceilings, and new light fixtures and pot lights. A turn key home for investors or first time home buyers as both units can produce great rent income potential. As this place is located close to all amenities such as: brock university, Niagara college, public transit, parks, grocery stores, shopping, restaurants, elementary schools, and close to Hwy 406.

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Prim Bdrm

2nd Br

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Welcome to 184 Lincoln Street, Welland. Here we have a 1920 built two-story duplex with front and back units offering 3 Bedroom each. Owned by my seller for the last 16 years who is now ready to pass it over, giving you the opportunity to grow your investment portfolio or if your first time home buyer the opportunity of affordable living by living in one unit and having the other unit help contribute to your mortgage. With two electrical panels, two furnaces, two owned hot water tanks, two stoves, two fridges, two washer and dryers everything is in place for a turn key investment. Located close to shopping, schools. Farmers market and the downtown are of Welland, the recreational canal, restaurants and on a buses route this is your opportunity to investment in your future. Seller was told that it may be possible to convert this property to more units or add a garden suite with Buyer to complete their own due diligence with the City of Welland Don't wait come have a look today!

Great Investment property, downtown location live in One unit and rent out the other. 2 - 3 Bedroom units main floor 3bedroom pays $1400.00 plus heat and hydro and upper pays $1400.00 plus heat and hydro. Both good paying tenants on a month to month would love to stay. Own a large piece of Niagara Real Estate and Buy the whole building. The entire property is 111.15ft frontage x 275.74 depth just shy of an acre in the heart of Welland. Numerous Updates include Shingles, Privacy Fence (18), Upstairs Bathroom Shower, Furnace, Central Air(15), Picture Windows on both floors, 2 Gas Stoves(18), Dryer(18), Washer (19). Water Heater (18) is Owned. 2 Hydro meters and tenants pay own hydro. Conveniently located close to Public Transit, Shopping, Hospital, Arena and Recreational Canal.

Unique Investment opportunity with this legal Multi-Unit (4) located directly on the Welland River! *VACANT POSSESSION OF ALL 4 UNITS* Possibilities are endless with this 4 unit property consisting of 1 - 3 bedroom unit, 2 - 1 bedroom units, and a Bachelor unit. Separate hydro meters for unit 3 & 4, and shared hydro meter for unit 1 & 2. Walk out Entrance from Lower LeveL Flat Roof replaced in 2013. Heated by efficient boiler system. Building does need extensive work (update interior finishes throughout) to get current market rent values which are estimated at approximately $1800/month + hydro for 3 bed, $1600/month + hydro for each - 2 bedroom units, $750/month + hydro for Bachelor unit giving it a potential total gross rent of $5750/month or $69,000/yr!

Prepare to be amazed! This residence presents 4 generously proportioned bedrooms, complemented by a spacious rec room that offers the potential to serve as a 5th bedroom. Recent renovations have transformed this dwelling into a move-in ready haven. Step onto the newly installed wrap-around deck, providing access to both the front and side entrances without impeding the driveway, which easily accommodates 2 vehicles. The kitchen, renowned as the focal point of any home, exudes elegance with its bespoke quartz countertops and banquet seating, ideal for hosting unforgettable gatherings. Unwind in the primary bedroom's brand-new ensuite, featuring a luxurious deep soaker tub within arm's reach. Enhanced by new French doors leading to the fully fenced backyard, the main bedroom opens up to a retreat area complete with a remarkable "she shack" or "man cave," featuring a rejuvenating hot tub. This residence seamlessly combines practicality with fluidity, inviting you to explore, embrace, and make it your own. Welcome to your future sanctuary!

Cooperating brokerage commission will be reduced to a 25% referral + HST if Buyer is introduced to property by private showing with the Listing Agent or any of the Rosettani Group agents.

Welcome To This Charming 3+1 Bedroom, 2 Bathroom Detached Bungalow Nestled In A Quiet Mature Neighbourhood of Welland. This Lovely Home Faces East and Bathes In Natural Light. Step Into Your Bright Living Room That Flows Smoothly Into Your Open-Concept Dining and Kitchen. Finished Basement with Spacious Bedroom and Rec Room Waiting For Your Personal Touch. Boasting A Separate Entrance With a Potential For In-Law Suite or Separate Unit for Additional Income. Big Backyard Ideal for Entertaining and Hosting Guests. Detached Garage and Large Private Driveway. Fantastic Opportunity For First-Time Home Buyers or Investors. Close To Downtown Welland, Hwys, Restaurants, Stores and Amenities.

Existing Fridge, Stove, Dishwasher, Hood Fan, Washer, Dryer and All Electric Light Fixtures.

3rd Br

4th Br

Welcome to your dream investment opportunity in Welland! This legal duplex is perfectly situated in a great location, close to the hospital and the canal. This property boasts a huge lot with plenty of parking space, ensuring convenience for both you and your tenants. The main floor of this duplex spans over 800 square feet and features two bedrooms, and was recently renovated. It's ready for you to set your own rent or can serve as a perfect owner-occupied residence. Market rent on this unit would be $1800 plus gas and hydro, paid by the tenant. The upstairs tenants currently pay $1500 per month, in addition to gas and hydro, providing an attractive rental income. Additionally, the basement is accessible from outside or from the main floor and is high, dry, and unfinished, offering potential for further customization and added value. Practicality meets efficiency with two boilers, two gas meters, and two hydro metres, helping to simplify utility management.

5th Br

Welcome to 167 Commercial St, located in Quiet Welland. This Bright and Sunfilled Semi-Detached is Complete with 3+1 bedrooms & 2 Full Bathrooms. This turn-key Home is Complete with Newly Renovated Modern Kitchen, Backsplash, S/S Appliances, New Microwave, New Washer, Beautiful Laminate Flooring Throughout, New Window Casings/Door Frames/Baseboards. The Lower Level Includes a Large Living/Rec Room, Full Bedroom, Full Bath, and Lots of Picturesque Windows. Perfect for Small/Large Families and Investors Alike. Fully Fences Yard with Shed. Minutes to Niagara College, Schools and Hwy 406. Great Property, Shows 10+++

A large kitchen with engineered flooring, double sink and updated backsplash offers rear-facing windows overlooks the expansive backyard with perennials, a deck, and a fully fenced yard beyond. The flawless craftsmanship of a bygone era can be noted in the detailed plaster ceilings, vintage lighting and glass-paned doors. The large living and dining rooms are positioned at the front of the home off the front entrance with leaded glass door & stylish glass block sidelight. The upstairs is equipped with a full bath, & a center hallway to a sprawling rooftop patio. A single car garage adjoins the side entrance of the home by a covered breezeway. A concrete drive accommodates parking for 4 cars comfortably. The lower level of the home offers an opportunity to create additional living space in the family room, & a large unfinished utility area with plenty of storage is an added bonus. This meticulous home offers personality & charm in a fantastic neighbourhood.

Roof (2010) Furnace & AC (2010 with a current maintenance contact in place. Furniture contents negotiable.

56 Wallace Avenue, Welland
Home for Sale

MLS#: X8056696

About this Listing

Listing Details

$2,808
Taxes

30x100
Lot Size

Fin W/O
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Area

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56 Wallace Avenue, Welland Home for Sale