171 Wallace Avenue, Welland, ON

$549,000
MLS#:X11968460
5 beds
3 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,000 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 45.11 x 100.26 ft lot
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 171 Wallace Ave S, a beautifully updated 3+2 bedroom and 3 bathroom, corner-lot raised bungalow in the heart of Welland. Situated on a 45 x 100 ft lot, this home offers a spacious and functional layout, making it perfect for families, investors, or those looking for multi-generational living. Step inside to find a bright and open-concept family room with hardwood flooring, large windows, and pot lights that create a warm and inviting atmosphere. The gourmet kitchen features quartz countertops, a breakfast bar, and ample cabinetry, making it the perfect space for both daily living and entertaining. The primary bedroom boasts a private 3-piece ensuite and a walk-in closet, while two additional well-sized bedrooms offer great space and natural light. The freshly painted finished basement is a standout feature, offering a separate entrance, two additional bedrooms, a full kitchen, and a 4-piece bathroom, providing incredible potential for an in-law suite or rental income. A spacious recreation area completes the lower level, offering additional living space. Outside, the private triple-wide driveway plus detached garage is perfect for multiple vehicles. Conveniently located near parks, schools, public transit, shopping centres, and the Welland Canal, this home is perfectly positioned for both comfort and convenience. This Power of Sale opportunity will not last long.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 8, 2025
Sold price information is available to members only
Listed Date2/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size45.11 × 100.26 Feet
CountyNiagara
Annual Tax$2,850
Legal DescriptionLT 642 PL 960; PT LT 641 PL 960 AS IN RO656581 ; WELLAND

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Hospital, Park, Public Transit, School

Community Features

Location

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171 Wallace Avenue, Welland, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 171 Wallace Avenue S, Welland, ON L3B 1R4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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.
Financial Audit

Estimated Costs

Loan Amount$439,200
Monthly Mortgage$2,552
Property Tax (Est.)$238
Utilities & Maint.$350
Total Monthly Cost$3,140

Strategic Fiscal Clarity

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