202 NIAGARA Street, Welland, ON
Property no longer active
This property was sold on February 19, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 769 - Prince Charles. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $559,000 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.
- 6 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 66 x 99 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
ESTATE SALE. Vacant Legal Triplex-Incredible Opportunity. This vacant legal triplex offers the perfect setup for a buyer or owner-occupier looking to live in the spacious main floor unit while generating rental income from two upper apartments. The main floor features a 3-bedroom unit with access to a full basement and a detached oversized brick garage. The upper units, a 1-bedroom and a 2-bedroom, both include parking but require major renovations, giving you the opportunity to customize and maximize their rental potential. All three units are equipped with separate hydro meters. The property also boasts a large backyard with a patio, two driveways, and a detached garage with hydro (30 amp/220 volt), making it ideal for storage, a workshop, or additional income. The owner currently covers property taxes, gas, and water expenses, with detailed financial information available in the attached spreadsheet. This property is brimming with possibilities to create a home or investment tailored to your vision. Being sold as is, where is, its ready for you to unlock its full potential. Don't miss this opportunity to make it your own!
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Property Summary
This detached home located at 202 NIAGARA Street, Welland is currently for sale and has been available on SousaSells for 541 days. This property is listed at $559,000 with an estimated mortgage of $1,861* per month. It has 6 beds, 4 bathrooms, and is 2000-2500 square feet. 202 NIAGARA Street, 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Fenced Yard
Interior Features
In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter
Security Features
Community Features
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Location
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 202 NIAGARA Street, Welland, ON L3C 1J7
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 $559,000 in Welland, the legal minimum down payment is $30,900 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 $7,655 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 $7,655.
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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.