114 Wallace Avenue, Welland, ON

$619,900
MLS#:X9378708
3 beds
2 baths
1500-2000 sqft
2.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium vinyl siding and brick front construction, this residence presents an exceptional opportunity offered at $619,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 34 x 100 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this delightful and charming 3 bedroom, 2 bath bungalow in a prime location, built by Luchetta Builders Inc. in 2013. Nestled on a serene, tree-lined street, this gem offers a perfect blend of modern convenience and cozy charm with over 2,000 sq ft of finished living space. Upon entering you'll immediately notice the bright, open concept design. The open and airy layout enhances the feeling of Home, making the living spaces perfect for both relaxation and entertaining. The kitchen is well-appointed with tile floors, functional and stylish dark oak cabinets and ample counter space ideal for preparing your favourite meals for family and friends. 2 spacious bedrooms offer comfortable living and a large 4 piece bathroom and laundry room complete the functional main floor. Downstairs in the fully finished basement you'll find a 3rd bedroom, an office/den and another 4 piece bathroom, offering privacy and flexibility that's perfect for accommodating guests or family members. The recreation room provides a versatile space for leisure activities, play or a cozy movie night. There's even a stylish wet bar area! If spending time outside is your thing, you'll love this home's fenced yard and private outdoor space that's great for pets, children or simply unwinding in the fresh air. Last but not least, a single car garage provides secure parking and additional storage space. Perfectly situated near shopping centers, the hospital, parks and schools and just minutes from the highway, this property presents an excellent opportunity for any home buyer and we have a feeling it won't last long!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 114 Wallace Avenue, Welland is currently for sale and has been available on SousaSells for 653 days. This property is listed at $619,900 with an estimated mortgage of $2,063* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 114 Wallace Avenue, Welland is in the 773 - Lincoln/Crowland neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 21, 2024
Sold price information is available to members only
Listed Date9/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Brick Front
BasementFull, Finished
Lot Size34 × 100 Feet
CountyNiagara
Annual Tax$4,411
Legal DescriptionPT LTS 581 & 582 PL 960 BEING PT 10 PL 59R13627 CITY OF WELLAND

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School, Other

Interior Features

Air Exchanger, Other

Security Features

None

Community Features

Location

Initializing map...
114 Wallace Avenue, Welland, ON
Loading local market trends...

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 114 Wallace Avenue S, Welland, ON L3B 1R5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.

Configure Loan Settings

Interest Rate4.00%
Down Payment$185,970 (30.0%)
* Minimum Canadian down payment required for this price is $36,990.
Amortization Period30 Years
Estimated Monthly Payment$2,063Based on a loan of $433,930 over 30 years.
Purchase Price$619,900
Loan Amount$433,930
Provincial Land Transfer Tax:$8,873
Total Estimated Closing Taxes:$8,873

About Purchasing a Home in Welland, ON

For a property listed at $619,900 in Welland, the legal minimum down payment is $36,990 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 $8,873 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 $8,873.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$566,884

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

Saint-François-d'Assise
Public58 Empress Avenue, Welland, Ontario, L3B 1K9
5.6
Diamond Trail
Public315 Southworth Street, Welland, Ontario, L3B 1Z8
7.2
St Mary
Public120 Plymouth Road, Welland, Ontario, L3B 3C7
6.3
Princess Elizabeth
Public330 Camrose Avenue, Welland, Ontario, L3B 1P2
6.3
Plymouth
PublicPlymouth Road, Welland, Ontario, L3B 3C7
10.0

Secondary Schools

Eastdale
Public170 Wellington Street, Welland, Ontario, L3B 1B3
4.5
Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.