248 Wallace Avenue, Welland, ON

$539,900
MLS#:X13087386
4 beds
2 baths
1500-2000 sqft
7.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $539,900 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
  • Generous living space spanning 1500-2000 sqft on a premium 45 x 100 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: On Demand Water Heater
  • equipped with ["window unit(s)"] central cooling and highly efficient radiant heating via gas

The charm and craftsmanship of yesteryear are beautifully preserved in this spacious, well-maintained home, ready for a new family to make it their own. Rich wood trim, handcrafted wood radiator covers, and oak hardwood flooring under most carpeting showcase its character, while updated mechanicals including windows, roof, and boiler provide peace of mind. Offering 4 bedrooms, this home delivers the flexibility needed for growing families, home offices, or guest space. The bright, airy kitchen features ample workspace and a walk-out to the back porch, perfect for easy indoor-outdoor living and entertaining. A formal dining room comfortably hosts family gatherings, while the large foyer, inviting living room, and finished basement rec room with gas fireplace create multiple spaces for both lively get-togethers and quieter evenings. The impressive double garage with a full second storey opens the door to endless possibilities - ideal for hobbyists, a workshop, studio, or potential to explore the idea of future accessory living space. A rare combination of character, space, and versatility, this is a home you won't want to miss.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 27, 2026
Sold price information is available to members only
Listed Date5/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size45 × 100 Feet
CountyNiagara
Annual Tax$2,757
Legal DescriptionPLAN 40 LOT 558 PT LOT 559 NP960

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
Cooling["Window Unit(s)"]

Features

Property Features

Park, School, Public Transit, Hospital

Community Features

Location

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248 Wallace Avenue, Welland, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for 773 Lincolncrowland, Welland.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
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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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 248 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.

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Financial Audit

Estimated Costs

Loan Amount$431,920
Monthly Mortgage$2,510
Property Tax (Est.)$230
Utilities & Maint.$350
Total Monthly Cost$3,090

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.

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.