18 Rainbow Court, Welland, ON

$590,000
MLS#:X9367298
5 beds
3 baths
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] semi-detached located in the coveted neighborhood of 772 - Broadway. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $590,000 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
  • Premium 24.05 x 112.27 ft lot size
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Accessory Apartment, Guest Accommodations, In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Discover this beautifully renovated 5-bedroom, 3-bathroom raised bungalow semi, perfectly situated in the highly sought-after neighborhood of southwest Welland. Ideal for both owner-occupiers and investors, this property features two stunningly updated units. The spacious main unit boasts 4 bedrooms and 2 bathrooms - an excellent opportunity for new tenants or a perfect new home for you! The lower/rear unit is currently occupied by AAA+ tenants who pay $1,600 per month, all-inclusive. No detail missed in the renovations, ensuring this home caters to a variety of needs. Whether you want to live in the expansive main unit and let rental income help cover your mortgage or need an in-law suite for multi-generational living, this property offers the flexibility youre looking for. Features include throughout: Luxury Vinyl Plank Flooring, Quartz Countertops, Two New Laundry Units, Two Sets of all Appliances Included. Brand New Furnace (2024). Low maintenance home, the tenants are excellent and have been a pleasure to rent to. Don't miss out on this incredible home in a prime location!

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 28, 2024
Sold price information is available to members only
Listed Date9/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
ConstructionBrick, Vinyl Siding
Lot Size24.05 × 112.27 Feet
CountyNiagara
Annual Tax$2,776.36
Legal DescriptionPCL 38-3 SEC M68; PT LT 38 PL M68 PT 7 59R5361 ; WELLAND

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

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

Features

Property Features

Community Features

Location

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18 Rainbow Court, 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 18 Rainbow Court, Welland, ON L3C 6R3

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$472,000
Monthly Mortgage$2,742
Property Tax (Est.)$231
Utilities & Maint.$350
Total Monthly Cost$3,323

Strategic Fiscal Clarity

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