61 Commercial Street, Welland, ON

$484,900
MLS#:X12012251
5 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $484,900 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 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 50 x 100 ft lot
  • Features a ["full", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Suite, Separate Heating Controls
  • equipped with ["other"] central cooling and highly efficient radiant heating via gas

Single family home OR solid investment opportunity! This well-maintained, all-brick bungalow is a fantastic addition to any investment portfolio, offering approximately 2,250 square feet of finished living space with flexible rental potential. Whether you choose to enjoy it as a spacious single-family home or take advantage of its setup as two separate units, the possibilities are endless. The main floor features a bright living room with LVP flooring, a generous kitchen, three bedrooms, and a four-piece bath. A separate side entrance leads to the lower level, complete with an open-concept living area, kitchen, two additional bedrooms, a four-piece bath, two laundry areas, and ample storage. The attached single garage offers additional space, while the fully fenced yard ensures privacy. With a prime location close to shopping and amenities, this property is perfect for multi-generational living or generating rental income.

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Key Features

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

Additional Details

StatusSold
Sold DateMarch 28, 2025
Sold price information is available to members only
Listed Date3/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Separate Entrance
Lot Size50 × 100 Feet
CountyNiagara
Annual Tax$3,138
Legal DescriptionLT 434 PL 963; PT LTS 433 & 435 PL 963, AS IN RO600029 CITY OF WELLAND

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingOther

Features

Property Features

Park, Place Of Worship, Public Transit

Interior Features

In-Law Suite, Separate Heating Controls

Security Features

Community Features

Location

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61 Commercial Street, 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 61 Commercial Street, Welland, ON L3B 2P3

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$387,920
Monthly Mortgage$2,254
Property Tax (Est.)$262
Utilities & Maint.$350
Total Monthly Cost$2,866

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.

Similar Listings Nearby

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.