12 EMPIRE Street, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $450,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 33 x 231 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with other central cooling and highly efficient heat pump heating via electric
Description
Welcome to this charming and energy-efficient home in the heart of downtown Welland. Built in 1928, this property sits on an expansive, deep lot, offering a private urban oasis. Enjoy the benefits of no gas bills thanks to the modern Carrier 3.0 ton air-source heat pump. Parking is never an issue with space for up to 7 vehicles. The home features two comfortable bedrooms, with a versatile basement area ready to be transformed into an additional bedroom, office, or bonus room. The main floor boasts a beautifully renovated washroom. Car enthusiasts and hobbyists will be impressed by the massive 1200 sq ft detached two-bay garage with dedicated workshop space. Both the house and garage feature durable steel roofs for long-term peace of mind. Additional storage is available in two on-site steel sheds. Inside, you'll find ample storage, including four convenient walk-in closet spaces.
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Pricing & Value Insights
Data-driven valuation for 12 EMPIRE Street, Welland, ON L3B 2L2
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About Purchasing a Home in Welland, ON
For a property listed at $450,000 in Welland, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.
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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.