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56 Wallace Avenue S, Welland, ON, L3B 1R5

MLS® # 40619885
Investment For Sale In Eastdale, Welland, Ontario
$519,900
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
56 Wallace Avenue S, Welland, ON
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56 Wallace Avenue S, Welland, ON, L3B 1R5
$519,900

Property Information:

Welcome to 56 Wallace, a fantastic triplex located in the heart of Welland,Ontario. This property presents a great opportunity for investors and savvyhomebuyers looking for a multifamily home. Situated in a convenient location, thistriplex is just minutes away from all the amenities that Welland has to offer,including the 406 highway, shopping, restaurants, parks, and schools. Each unit inthis triplex features its own separate entrance, providing privacy for tenants.This triplex has a large fenced backyard, offering ample outdoor space for tenantsto enjoy.Don't miss out on this fantastic opportunity to own a triplex in a convenientlocation in Welland. Whether you're an investor or looking for a multifamily home,56 Wallace offers great potential and versatility. Book your viewing today!

Inclusions: Other,3 Fridges, 3 Stoves, Washer, Dryer

Exclusions : Tenants' Belongings

Building Features:

  • Floor Space: 1500 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Built in: 1940
  • Construction Materials: Aluminum Siding, Other
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1500 Square Feet
  • Heating: Electric, Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Other
  • Lot Depth: 100 Feet
  • Lot Features: Dog Park, City Lot, Highway Access, Library, Open Spaces, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 30.00 Feet
  • Parking Features: Gravel
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RL1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

Sales/Price History

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Location of 56 Wallace Avenue S, Welland, ON, L3B 1R5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 56 Wallace Avenue S, experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 56 Wallace Avenue S, experiences 11 significant 2-day storms per year, with about 326.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.6mm of precipitation per year.

Precipitation Per Storm

Past
326.4mm
2050
404.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 56 Wallace Avenue S, Welland, ON, L3B 1R5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,184.07

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.54 %

High school certificate or equivalent

34.08 %

Apprenticeship trade certificate/diploma

7.45 %

College/non-university certificate

26.96 %

University Degree

6.97 %

Commuter

Travel To Work

By Car

86.25 %

By Public Transit

3.88 %

By Walking

5.1 %

By Bicycle

0.0 %

By Other Methods

4.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.42 %

Houses

66.58 %

Own Vs. Rent