This property was sold on April 10, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 774 - Dain City. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $499,999 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.
Nestled in the thriving Forks Road area of Dain City, this clean, well-maintained bungalow offers an extraordinary opportunity to own a property in one of the most dynamic and rapidly growing communities in the region. Whether you're envisioning your first home, seeking a solid investment opportunity, or planning to downsize, this property caters to every lifestyle and aspiration. The lot itself offers tremendous versatility, serving as a canvas for your dream home or a valuable investment opportunity with potential for expansion or redevelopment. This property has a very generously sized lot, fully fenced yard, a spacious back deck, and ample space for outdoor enjoyment. The main floor has two well-lit and inviting bedrooms, a newly renovated 4-piece bathroom, living room with fireplace and kitchen, ideal for a couple, a small family, or retirees. The lower level includes an office that can double as a third bedroom, 2-piece powder room, and a large sized recreational area, perfect for hosting friends and family. What truly sets this property apart is its location. Dain City is at the forefront of Wellands transformation, emerging as a hub of modern living and development. The areas revitalized infrastructure has significantly enhanced its connectivity and convenience, making it a highly sought-after destination for families, professionals, and retirees alike. Dain City is known for its unique blend of natural beauty, recreational opportunities, and community-driven amenities. As part of a growing residential hub, Dain City is poised for significant expansion, with over 2,000 approved housing units set to transform the area into a vibrant and diverse neighborhood. Plans for new schools, green spaces, and mixed-use developments will further enhance the community's appeal, making it a magnet for families, young professionals and retirees while also providing unique opportunities for early investors to capitalize on the areas upward trajectory.
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This detached home located at 121 Forks Road, Welland is currently for sale and has been available on SousaSells for 562 days. This property is listed at $499,999 with an estimated mortgage of $1,664* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 121 Forks Road, Welland is in the 774 - Dain City neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Sump Pump
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 121 Forks Road, Welland, ON L3B 5K6
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 $499,999 in Welland, the legal minimum down payment is $25,000 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 $6,475 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 $6,475.
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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.