
307 Wallace Avenue S
Welland (Lincoln/Crowland), ON L3B 1R8
- 6Bedrooms
- 4Bathrooms
- 4Parking
- 2000–2500Sq Ft
- $2,006Tax
- 45×100 ftLot Size
- Free EstimateSee Free Estimate Report

Sale & Price History for 307 Wallace Avenue S, Welland, Lincoln/Crowland
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 307 Wallace Avenue S, Welland, Lincoln/Crowland
Summarized Description
- Solid fourplex investment opportunity in Welland
- Zoned Residential Medium Density for multiple units
- Four separate hydro meters for tenant convenience
- Centrally located near amenities and transit
- Close to Downtown Welland's active renewal
- Diverse tenant pool from nearby Niagara College
- Quick access to Highway 406 for regional connectivity
- Strategic addition to any real estate portfolio
Investment opportunity at 307 Wallace Street in the heart of Welland - one of Niagara's growing and most investor friendly cities. This solid fourplex offers value for investors seeking cash flow and long term upside, featuring four separate hydro meters and zoned Residential Medium Density (RM). This centrally located asset is well positioned to deliver. Situated in a mature, established neighbourhood, the property is within walking distance of the Lincoln Street Plaza and offers easy access to public transit, schools, parks, and everyday amenities. Just minutes from Downtown Welland, a core undergoing active renewal with canal access, heritage buildings, and walkable businesses and the iconic Welland Canal walking and cycling trails. The City of Welland recently celebrated the near completion of approximately 4.5 kilometres of new multi-use trails, further enhancing active transportation and connectivity throughout the city. Niagara College is a short drive away, ensuring a consistent and diverse tenant pool of students, faculty, and tradespeople year round. Quick access to Highway 406, connecting tenants seamlessly across the entire Niagara Region. Priced to sell, 307 Wallace is a smart, strategic addition to any real estate portfolio in Niagara's most exciting emerging investment market.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,006
- Land Transfer Tax Fee
- $6,473
- Basement Type
- Full, Partially Finished, Separate Entrance, Walk-Out
Interior Features
- Interior Extras
- Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Other
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 45.00 ft
- Lot Depth
- 100.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 4
- Kitchens
- 4
Washrooms
- 3-piece
- 3-piece
- 3-piece
- 3-piece
- Municipality
- Welland
- Neighbourhood
- Lincoln/Crowland
- Main cross streets
- Lincoln
- Directions
- HWY 406 to East Main to Wllace
- MLS® number
- X13060548
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-04-27
- Updated on
- 2026-08-28
- Days on market
- 180 days
- Possession type
- Immediate
- Co-op commission
- 2% + HST
- Seller
- Listed by
- REAL BROKER ONTARIO LTD.
Home Market Value
Current home valuation for 307 Wallace Avenue S, Welland, Lincoln/Crowland, Welland, ON. Listed for $499,900
HOMEH Estimate
—
Estimated Sales Range
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HOMEH Estimate for 307 Wallace Avenue S, Welland, Lincoln/Crowland
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$24,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,996 | $13,947 | $11,898 | $0 |
=Total mortgage | $493,901 | $463,857 | $436,813 | $399,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,411monthly | $2,265monthly | $2,133monthly | $1,953monthly |
Land Transfer Tax
$6,473
$6,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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