16 CHAFFEY Street, Welland, ON

$329,900
MLS#:X9409910
2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $329,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 31.72 x 125 ft lot
  • Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Calling all first time buyers and investors! This home is calling your name! This move in ready 1.5 Storey 2 Bedroom home is located in a family friendly convenient location in central Welland. From the moment you walk in you will notice the charm from the original hardwood floors and trim throughout most of the home and all the abundance of natural light coming through. The spacious main floor living room, dining room and kitchen with sliding patio doors to rear covered deck is perfect for hosting guests. Upper level features two bedrooms and a spacious loft for additional living space. The basement features a large finished rec room, laundry and storage areas. In the rear of the home you will find a large shed complete with hydro and an air compression system, perfect for any hobbyist or tradesmen. Other updates include high efficiency furnace, Central A/C, and newer roof shingles. This home offers tremendous value and is ready to be yours today!

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Property Summary

This detached home located at 16 CHAFFEY Street, Welland is currently for sale and has been available on SousaSells for 672 days. This property is listed at $329,900 with an estimated mortgage of $1,098* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 16 CHAFFEY Street, 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
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionStucco (Plaster)
BasementSeparate Entrance, Partially Finished
Lot Size31.72 × 125 Feet
CountyNiagara
Annual Tax$2,182.84
Legal DescriptionPart of Lot 52, plan 934 being Part 2 on reference plan 59R-18166

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Fenced Yard

Interior Features

Water Heater

Security Features

Community Features

Location

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16 CHAFFEY Street, 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 16 CHAFFEY Street, Welland, ON L3B 2Y3

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.

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Interest Rate4.00%
Down Payment$98,970 (30.0%)
* Minimum Canadian down payment required for this price is $16,495.
Amortization Period30 Years
Estimated Monthly Payment$1,098Based on a loan of $230,930 over 30 years.
Purchase Price$329,900
Loan Amount$230,930
Provincial Land Transfer Tax:$3,424
Total Estimated Closing Taxes:$3,424

About Purchasing a Home in Welland, ON

For a property listed at $329,900 in Welland, the legal minimum down payment is $16,495 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 $3,424 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 $3,424.

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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%

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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.