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!
Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Data was last updated October 23, 2026 at 04:15 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$478,999
Min list price:
$249,900
Max list price:
$749,900
Avg days on market:
45
Min days on market:
9
Max days on market:
205
These statistics are generated based on the current listing's property type
and located in
Welland. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.