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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Welland
  • 773 - Lincoln/Crowland
  • 281 Wallace Avenue S
281-wallace-avenue-s-welland-ontario-x12636180

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  • Sold Sold in Dec 2025
  • Detached

281 Wallace Avenue S

Welland, 773 - Lincoln/Crowland
  • 5 Bedrooms
  • 2 Bathrooms
  • 1.5 Garage
  • Share
Sold Price: $ 261,000
4.44%
Listed Price: $ 249,900
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Key Facts About 281 Wallace Avenue S, Welland

  • Tax $3,100 / 2025
  • Property Type Residential
  • Building Type Detached
  • Building Style Other
  • Size 1500 - 2000 feet²
  • Lot Size 45 x 100 feet
  • Parking 1.5 garage, 2 parking
  • Basement Unfinished
  • Listing # X12636180
  • Data Source PROPTX
  • Days on Market 11
  • Listed On 16/12/2025
  • Updated On 30/12/2025
  • Market Demand
    the canadian homethe canadian home

Description

Amazing Flipp Project with Lots of Potential.Excellent opportunity for investors, renovators, or contractors. Property features a versatile layout with multiple entrances and strong redevelopment potential. Main floor offers 3 bedrooms, kitchen, and a full bathroom. Second floor includes 2 bedrooms, 2 loft areas(Finished attic), a full bathroom, and a separate entrance, providing flexibility for extended family or rental configuration. Unfinished basement with separate entrance offers additional future potential (buyer to verify permitted use).

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Property Details of 281 Wallace Avenue S, Welland

Property

  • Property Type Detached
  • Style Other
  • Fronting On W
  • Community 773 - Lincoln/Crowland
  • Municipality Welland

Inside

  • Bedrooms 5
  • Bathrooms 2
  • Bathroom Details 1, 4pc Main
  • Bathroom Details 1, 4pc Second
  • Basement Unfinished
  • Kitchen 1
  • Rooms 7
  • Family Rooms Y
  • Central Vac N
  • Fireplace Y

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 1500 - 2000 feet²
  • Architecture Style Other
  • Exterior Feature Vinyl Siding

Parking

  • Garage Type Detached
  • Garage 1.5
  • Parking Places 2
  • Total Parking Places 3.5

Land

  • Sewer Sewer
  • Frontage 45
  • Depth 100
  • Lot Size 45 x 100 feet
  • Lot Size Code Feet
  • Cross Street LINCOLN ST TO WALLACE AVE

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Our Estimate

See Real Estate Market Trends in Welland

Estimated Rent

$ 2,966

Rental Yield

13.11%

School Score

7.5/10

Rental Score

5/5

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Rooms

Bathroom (4 pcs)
Level: Main
Bathroom (4 pcs)
Level: Second

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 281 Wallace Avenue S, Welland

Introducing a remarkable opportunity with this house for sale in Welland , located at 281 Wallace Avenue S, Welland. This detached house, situated in the desirable community of 773 - Lincoln/Crowland, is an excellent prospect for investors, renovators, or contractors looking to capitalise on its strong redevelopment potential. The property boasts a versatile layout that is sure to meet a variety of needs, making it a prime candidate for those seeking a value-add project.

The exterior of the property features durable vinyl siding, ensuring low maintenance while maintaining an appealing aesthetic. The house for sale in Welland presents a generous lot size of 45 X 100 feet, offering ample space for potential enhancements or landscaping. Although there is no pool on the premises, the expansive outdoor area provides a blank canvas for creating a garden or outdoor entertainment space.

Upon entering the house at 281 Wallace Avenue S, Welland, you will find the main floor thoughtfully designed with three well-proportioned bedrooms, a kitchen, and a full bathroom. This layout not only maximises space but also offers convenience for everyday living. The kitchen is functional and ready for your personal touch, allowing you to create the culinary space of your dreams.

Venturing to the second floor, the house for sale in Welland continues to impress with two additional bedrooms, two loft areas, and another full bathroom. This level also features a separate entrance, which enhances the property's flexibility, making it ideal for extended family living or rental configurations. The versatility of this layout is a significant advantage, as it can accommodate various lifestyles and needs.

The property also includes an unfinished basement with a separate entrance, presenting further potential for development. Whether you envision a recreational area, additional living space, or a rental unit, the unfinished basement allows for creativity and expansion. It is important to note that any intended use should be verified by the buyer, ensuring compliance with local regulations.

This house for sale in Welland is equipped with central air conditioning, providing comfort during the warmer months. The presence of a fireplace adds a charming touch to the living space, creating a warm and inviting atmosphere during the cooler seasons. The home is unfurnished, allowing you to personalise the interior according to your style and preferences.

In terms of utilities, the property benefits from municipal water and sewer services, ensuring reliable access to essential services. The heating system is powered by forced air, providing efficient warmth throughout the home. Additionally, the house is equipped with two electrical panels, enhancing its functionality and accommodating modern electrical demands.

Parking is made convenient with a detached garage that offers 1.5 spaces, along with additional parking for two vehicles. While there is no central vacuum system, the layout and design of the house allow for easy maintenance. The absence of a driveway is offset by the ample parking options available, making this property practical for families or those who entertain guests frequently.

In summary, this house for sale in Welland at 281 Wallace Avenue S, Welland, is a unique opportunity that should not be overlooked. With its flexible layout, multiple entrances, and strong redevelopment potential, it is ideal for buyers looking to invest in a property that offers both immediate comfort and future possibilities. Whether you are an investor, a renovator, or a contractor, this property is poised to meet your needs and exceed your expectations. Don't miss out on this exceptional opportunity to make this house your own.

The 773 - Lincoln/Crowland area in Welland is a charming and vibrant neighbourhood that offers a delightful blend of suburban tranquillity and convenient access to urban amenities. Nestled amidst picturesque parks and green spaces, this community boasts a welcoming atmosphere, making it an ideal place for families and individuals alike. With a variety of local shops, cafes, and schools nearby, residents can enjoy a balanced lifestyle while being just a short drive from the bustling heart of Welland. The area is well-connected by public transport, ensuring easy access to surrounding regions, while its friendly streets and community events foster a sense of belonging. Whether you're looking for a peaceful retreat or a lively locale, 773 - Lincoln/Crowland provides the perfect backdrop for your next chapter.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within just 1.0 km, you will find Plymouth Public School, an English-language elementary school with a commendable rating of 4.9, serving grades JK to 8. Closer at 0.3 km is Princess Elizabeth Public School, which offers French-language instruction for grades 1 to 8 and boasts an impressive rating of 7. For secondary education, Eastdale Secondary School is located only 0.8 km away, rated at 5.2, and serves grades 9 to 12. Additionally, St. Andrew Catholic Elementary School, a Catholic institution, is situated 0.8 km from the property, offering grades K to 8 with a solid rating of 6.5. For those considering Catholic secondary education, Notre Dame College School is 1.8 km away, rated at 6.2. Lastly, Alexander Kuska Catholic Elementary School, also a French-language institution, is a bit further at 4.5 km. With a diverse range of educational options in close proximity, this location is well-suited for families prioritizing quality schooling for their children.

FAQs About 281 Wallace Avenue S, Welland

How many bathrooms does this property have?

This property features 2 bathroom(s) and 5 bedroom(s).

Does this 5 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 5 bed property in Welland is 1500 - 2000.

How many parking spaces are available with this property?

281 Wallace Avenue S boasts 2 convenient parking spaces.

How many cars can be parked in the garage of 281 Wallace Avenue S?

This property features a garage with space for 1.5 cars.

What type of garage does this property have?

This property includes an Detached garage with space for 1.5 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Unfinished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 281 Wallace Avenue S, Welland

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Listing History

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