Welcome to this remarkable Backsplit 4 duplex located in the coveted neighborhood of 772 - Broadway. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 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.
Welcome to 100 Terrace Ave, a spacious and versatile legal duplex with great cashflow located in a quiet, family-friendly Welland neighbourhood. This property offers two completely separate units, each providing approximately 1,000 sq. ft. of comfortable living space, ideal for multi-generational families, homeowners seeking additional income, or investors looking for a strong turnkey opportunity. The main unit features 3 generously sized bedrooms, a 4-piece bathroom, a bright living room, and a functional kitchen with plenty of cabinet space, making it perfect for a growing family. The beautifully updated lower unit offers surprising comfort with 8 ft. ceilings throughout the kitchen & living areas, exceptional natural light, 2 large bedrooms each with walk-in closets, a modern 3-piece bathroom, a spacious open-concept kitchen with white appliances including a dishwasher, and a spacious living area. Additional features include private laundry for each unit & separate hydro meters . Located close to Niagara College, the Seaway Mall, restaurants, parks, and 406 access, this home provides flexibility, convenience, and strong value in one of Welland's most desirable pockets. Updates include a new fence (2017), roof (2017), windows (2019), a/c (2018), furnace (2021), and tankless water heater (2021).
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This duplex located at 100 Terrace Avenue, Welland is currently for sale and has been available on SousaSells for 234 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 100 Terrace Avenue, Welland is in the 772 - Broadway neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Sump Pump, Accessory Apartment, Separate Hydro Meter
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 100 Terrace Avenue, Welland, ON L3C 2C4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.
About Purchasing a Home in Welland, ON
For a property listed at $499,900 in Welland, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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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.