194 Iva Street, Welland, ON
Property no longer active
This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $820,000 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50 x 111 ft lot
- Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned, ERV/HRV, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This fabulous home was built in 2020 by a local custom builder! The attention to detail can be felt as you enter! It is a raised bungalow design with an enclosed loft primary suite area. It also offers a full lower-level in-law suite with its own stunning kitchen, perfect for entertaining or a multi-generational home. With city approval, it could become a perfect income-generating unit to help with your mortgage! When you enter the home, there is a convenient coat closet, access to the garage, and a great split-level design highlighting the spacious foyer. The impressive open concept great room with a cathedral ceiling encompasses the beautiful kitchen, dining, & living areas. There is sliding door access to a good sized deck to enjoy the outdoors & barbecuing. The gas BBQ is also included! The main floor level also offers three generous bedrooms and a family four-piece bathroom with a laundry closet located within the bathroom. In the front foyer, there are also stairs leading up to an enclosed loft area where the private primary suite is found with a stunning three-piece ensuite. That makes a total of four spacious bedrooms above grade! The lower level has two entrances: stairs from the front foyer or a separate stairway within the attached garage. The lower level offers great ceiling height and large windows; you forget you are partially below grade! True attention to detail was used to finish this lower area! It has its own 100 amp breaker panel, Rockwool sound insulation was used in the ceilings and interior walls, and Wi-Fi network & speaker cables are hardwired in. The uninstalled speakers are included. This stunning area could be used as additional entertaining space or as an in-law suite, as it offers a combination kitchen with living space. There is also an additional 3-piece bathroom, bedroom & laundry closet with all the hook-ups installed. The 50 x 111 ft partially fenced lot is the perfect size and easy to maintain! City conveniences are all nearby!
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Property Summary
This detached home located at 194 Iva Street, Welland is currently for sale and has been available on SousaSells for 414 days. This property is listed at $820,000 with an estimated mortgage of $2,729* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 194 Iva 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, School, Place Of Worship, Hospital
Interior Features
Water Heater Owned, ERV/HRV, In-Law Suite, Sump Pump, Built-In Oven, Auto Garage Door Remote
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Community Features
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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 194 Iva Street, Welland, ON L3B 1W6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Welland, ON
For a property listed at $820,000 in Welland, the legal minimum down payment is $57,000 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 $12,875 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 $12,875.
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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.