For Sale

236 Wallace Avenue, Welland, Ontario L3B 1R6

$399,900

236 Wallace Avenue, Welland, Ontario L3B 1R6 is For Sale and has a listing price of 399,900. The property is located in the Welland . It's been on the website for 10 Days.

  • Multiplex
    Property Type
  • 4
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: X12826934
  • Office Name COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERA
Property Description

An affordable investment in a great location. This DUPLEX property features two 2-bedroom, 1-bathroom units, approx. 700sqft each. The first unit includes the main floor and basement. There is a living room, big updated kitchen, 2 good size bedrooms and a 4-piece bathroom. The upper unit is similar layout, with a living room, kitchen, 2 bedrooms, and a 4-piece bathroom. Access for the upper unit is separate entrance through the back door. All kitchen appliances included. Basement is unfinished, laundry appliances included. Two SEPARATE hydro meters. Furnace updated. Huge backyard with deck, fire-pit, and garden shed. Fully fenced. Great location – close to schools, public transit, highway access, shopping plazas, gyms, parks, place of worship and more. Very attractive features for renters and families. Start earning income right away on this investment property. Tenants pay… $760 upper plus hydro… pays on time and has been there a long time. Main floor $1,200 plus hydro and always pays on time. Rents are below average but responsible tenants. Units look a little clustered but in great shape and well maintained.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12826934
  • Price: $399,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 100
  • Ref ID: X12826934
  • Approx Sqft: 1100-1500
  • Dir / Cross St: East Main & Wallace
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Type: Multiplex
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
02/27/2026 X12826934 $399,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Welland
  • $703,693 Average List Price
    based on 1 year
  • 184 New Listings
    based on 30 days
  • 72 Median Days on Market
    based on 1 year
  • List vs. Selling Price 170.86 % Up
  • Sold (12mo) 595
  • Rented (12mo) 281

  • 1 Month Change +220.5%
  • 3 Month Change +413.9%
  • 6 Month Change +188.1%
Walkscore
  • 71 Walk Score
    Very Walkable
  • 33 Transit Score
    Some Transit
  • 56 Bike Score
    Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 1
  • Exterior Aluminum Siding
  • Kitchen 2
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $2,396
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 27/02/2026 16:19:20
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