266 Wallace Avenue, Welland, ON

$579,900
MLS#:X8412582
5 beds
3 baths
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $579,900 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Premium 45 x 100 ft lot size
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Accessory Apartment
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 266 Wallace Ave S, Welland, a completely renovated legal duplex offering a perfect blend of modern amenities and investment potential. This stunning property boasts two fully updated units, each designed with comfort and style in mind. The main floor unit features two spacious bedrooms, a brand new kitchen equipped with a new fridge and dishwasher, and a gas stove. The unit also includes a beautifully renovated bathroom and new flooring throughout. Additionally, the basement, part of the main unit, offers an extra bedroom and another full bathroom, all newly updated. The upstairs unit comprises two bedrooms and one bathroom, with a new kitchen featuring a gas stove, and new flooring throughout the entire space. Recent upgrades to the property include a new roof, a newly paved driveway, and some new duct work, ensuring that every aspect of this home is fresh and move-in ready. Both units offer modern, stylish bathrooms and kitchens, making this duplex a prime choice for homeowners seeking additional rental income or investors looking for a turn-key property. Located in a desirable Welland neighbourhood, close to schools, parks, and shopping, 266 Wallace Ave S combines convenience with contemporary living. Dont miss the opportunity to own this meticulously updated duplex.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 14, 2024
Sold price information is available to members only
Listed Date6/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionVinyl Siding
Lot Size45 × 100 Feet
CountyNiagara
Annual Tax$2,319
Legal DescriptionLT 549, PL 960; PT LT 550, PL 960, AS IN RO592432; WELLAND

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

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

Features

Property Features

Community Features

Location

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266 Wallace Avenue, 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 266 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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$463,920
Monthly Mortgage$2,696
Property Tax (Est.)$193
Utilities & Maint.$350
Total Monthly Cost$3,239

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.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 773 Lincolncrowland, Welland.

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