149 FIRST Avenue, Welland, ON

$549,900
MLS#:X12347221
5 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of 769 - Prince Charles. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $549,900 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 700-1100 sqft on a premium 60 x 126 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient radiant heating via gas

Description

Location, Location, Location! Just minutes from Chippawa Park and close to Niagara College, this legal duplex offers incredible versatility and income potential, with the added possibility of an ADU (subject to approvals). The main floor is vacant, freshly painted, and updated with new flooring, while the lower level boasts a reliable AAA tenant for immediate rental income. Featuring 3+2 bedrooms, 2 full bathrooms, 1 gas fireplace, updated kitchen, attached garage, and a spacious 60 lot. Major updates include furnace (2021) and central AC (2021). An ideal opportunity for investors or those seeking a home with supplemental income in a prime, amenity-rich location.

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Property Summary

This duplex located at 149 FIRST Avenue, Welland is currently for sale and has been available on SousaSells for 335 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 149 FIRST Avenue, Welland is in the 769 - Prince Charles neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 15, 2025
Sold price information is available to members only
Listed Date8/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style1 1/2 Storey
ConstructionStone
BasementFinished, Full
Lot Size60 × 126 Feet
CountyNiagara
Annual Tax$4,012
Legal DescriptionLT 35 PL 666 ; WELLAND

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingCentral Air

Features

Property Features

Park, Public Transit, School

Interior Features

None

Security Features

Community Features

Location

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149 FIRST Avenue, 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 149 FIRST Avenue, Welland, ON L3C 1Y3

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.

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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$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Welland, ON

For a property listed at $549,900 in Welland, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 769 - Prince Charles, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$648,524

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

Fitch Street
Public164 Fitch Street, Welland, Ontario, L3C 4V5
8.1
Holy Name
Public290 Fitch Street, Welland, Ontario, L3C 4W5
7.9
du Sacré-Coeur
Public310 Fitch Street, Welland, Ontario, L3C 4W5
5.8
Gordon
Public468 Thorold Road, Welland, Ontario, L3C 3W6
7.2
Ross
Public358 Niagara Street, Welland, Ontario, L3C 1K9
6.5

Secondary Schools

Centennial
Public240 Thorold Road, Welland, Ontario, L3C 3W2
6.7
Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2

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.