$399,900
4.29 BTC
Photos
236 Wallace Avenue, Welland
$399,900
PRICE
4
BEDROOMS
2
BATHROOMS
X12826934
MLSID

236 Wallace Avenue, Welland

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 tenants . 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. 2025 Seller utility expenses... Gas - $1,092.86 Water $1,360.17
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Summary

Address
236 Wallace Avenue
MLSID
X12826934
Property Type
Multiplex
Property Category
Bedrooms
4
Bathrooms
2
Kitchens
2
Zoning
RL1
Taxes (Annual)
$2,396.00
Tax Year
2025
Published
February 27, 2026
Days on Market
85 Days
Possession Type
60-89 Days
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Inclusions

appliances - AS IS condition

Exclusions

Tenant's Belongings ( washer, dryer, firepit )

Details

Property Features
Fenced Yard, Hospital, Park, Place Of Worship, School, School Bus Route
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Second Level
Basement
Full, Unfinished
Interior Features
Accessory Apartment, In-Law Capability, In-Law Suite, Separate Hydro Meter
Parking Spaces
1
Parking Total
1
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Aluminum Siding
Lot Width
30 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
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