236 Wallace Avenue, Welland, ON

$399,900
MLS#:X12826934
4 beds
2 baths
1100-1500 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $399,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 30 x 100 ft lot
  • Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Accessory Apartment, In-Law Capability, In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date2/25/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style2-Storey
ConstructionAluminum Siding
BasementFull, Unfinished
Lot Size30 × 100 Feet
CountyNiagara
Annual Tax$2,396
Legal DescriptionPlan 40 Lot 564 NP960

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Park, Place Of Worship, School, School Bus Route

Interior Features

Accessory Apartment, In-Law Capability, In-Law Suite, Separate Hydro Meter

Security Features

Community Features

Location

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236 Wallace Avenue, Welland, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 236 Wallace Avenue S, Welland, ON L3B 1R6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$319,920
Monthly Mortgage$1,859
Property Tax (Est.)$200
Utilities & Maint.$350
Total Monthly Cost$2,409

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Welland.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 773 Lincolncrowland, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Ross
Public358 Niagara Street, Welland, Ontario, L3C 1K9
6.5
St Kevin
Public182 Aqueduct Street, Welland, Ontario, L3C 1C4
7.0
Fitch Street
Public164 Fitch Street, Welland, Ontario, L3C 4V5
8.1
Glendale
Public24 Farnham Avenue, Welland, Ontario, L3C 3R1
8.1
Holy Name
Public290 Fitch Street, Welland, Ontario, L3C 4W5
7.9

Secondary Schools

Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2
Centennial
Public240 Thorold Road, Welland, Ontario, L3C 3W2
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.