199 Balsam Street, Welland, ON

$659,900
MLS#:X10423261
4 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 23, 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 770 - West Welland. Expertly crafted featuring premium vinyl siding and brick front construction, this residence presents an exceptional opportunity offered at $659,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 54 x 100 ft lot
  • Features a finished 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: Carpet Free, Floor Drain, Ventilation System
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 199 Balsam Street a stunning home nestled in the city of Welland! This meticulously crafted residence boasts an impressive 2200 square feet of total living space, featuring 4 spacious bedrooms and 2 full bathrooms, making it the perfect sanctuary for families or those seeking extra room for work and play. Step outside to find your own private retreat in the fully fenced, expansive backyard, complete with a charming deck just off the kitchen ideal for morning coffee or evening gatherings with friends and family. With no rear neighbours, you can enjoy peace and privacy while surrounded by the beauty of nature.The lower level of this home shines with large windows, inviting abundant natural light that creates a warm and welcoming ambiance. This versatile space with full 8 foot ceilings can be transformed into a cozy family room, home gym, or play area whatever suits your lifestyle!Located on the border of Fonthill, this home offers a prime location that combines convenience and tranquility. You'll be just moments away from grocery stores, schools, shopping centres, and major highway access, ensuring that everything you need is within easy reach.Dont miss this incredible opportunity to own a piece of Wellands charm! Schedule your private showing today and envision the countless memories waiting to be made in this exceptional home.

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Property Summary

This detached home located at 199 Balsam Street, Welland is currently for sale and has been available on SousaSells for 613 days. This property is listed at $659,900 with an estimated mortgage of $2,197* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 199 Balsam Street, Welland is in the 770 - West Welland neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 23, 2025
Sold price information is available to members only
Listed Date11/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding, Brick Front
BasementFinished
Lot Size54 × 100 Feet
CountyNiagara
Annual Tax$4,329.61
Legal DescriptionPCL PLAN-1 SEC 59M222; LT 15 PL 59M222 ; S/T LT107342 WELLAND

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, Floor Drain, Ventilation System, Water Heater, Water Meter, Primary Bedroom - Main Floor, In-Law Capability, Auto Garage Door Remote

Security Features

Smoke Detector

Community Features

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Location

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199 Balsam 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 199 Balsam Street, Welland, ON L3C 7H1

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$197,970 (30.0%)
* Minimum Canadian down payment required for this price is $40,990.
Amortization Period30 Years
Estimated Monthly Payment$2,197Based on a loan of $461,930 over 30 years.
Purchase Price$659,900
Loan Amount$461,930
Provincial Land Transfer Tax:$9,673
Total Estimated Closing Taxes:$9,673

About Purchasing a Home in Welland, ON

For a property listed at $659,900 in Welland, the legal minimum down payment is $40,990 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 $9,673 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 $9,673.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 770 - West Welland, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$783,075

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

du Sacré-Coeur
Public310 Fitch Street, Welland, Ontario, L3C 4W5
5.8
Gordon
Public468 Thorold Road, Welland, Ontario, L3C 3W6
7.2
Holy Name
Public290 Fitch Street, Welland, Ontario, L3C 4W5
7.9
Fitch Street
Public164 Fitch Street, Welland, Ontario, L3C 4V5
8.1
Alexander Kuska KSG
Public333 Rice Road, Welland, Ontario, L3C 2V9
5.8

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.