16 Albert Street, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 768 - Welland Downtown. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $299,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 29.23 x 132.11 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Other
- Efficient radiant heating via gas
Description
Two dwellings for the price of one! Perfect for investors, renovators, or the buyers looking to live mortgage free. Main home was renovated in 2024. Approx 1,500 square feet. Three bedrooms and a 4-piece bathroom. Updates include vinyl plank flooring, new kitchen with appliances, main floor laundry, bathroom, electrical, plumbing, new Boiler system and radiators. Roof is 2018. Detached garage was converted to a second dwelling in 2017 and needs to be updated/repaired (not usable in it's current state). A great opportunity to re-fi and make your investment money back. Approx 650-square-foot unit, rough in kitchen, two bedrooms, and a bathroom. Separately metered with it's own furnace and hot water heater. Ideal for generating rental income, home office / workspace.
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Pricing & Value Insights
Data-driven valuation for 16 Albert Street, Welland, ON L3B 4L2
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About Purchasing a Home in Welland, ON
For a property listed at $299,000 in Welland, the legal minimum down payment is $14,950 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 $2,960 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 $2,960.
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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.