202 Ross Street, Welland, ON
Property no longer active
This property was sold on April 7, 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 768 - Welland Downtown. Expertly crafted featuring premium aluminum siding and other construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 39.68 x 134.34 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Incredible income potential! This 6-bed, 3-bath detached home in Welland offers over 2,600 sq. ft. of finished space with multi-income opportunities. The address is already approved for Airbnb - just complete the paperwork and pay the application fee! Its also a registered Niagara College student rental with two rooms at $950/mth each, fully furnished to meet college standards. The fully finished basement includes an in-law suite with a separate entrance and second kitchen, ideal for rental income or multi-generational living. Steps from the Welland Canal for canoeing and fishing and near Merritt Parks trails, this home also features a detached garage, 4-car private driveway, and a 2021 roof upgrade.
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Property Summary
This detached home located at 202 Ross Street, Welland is currently for sale and has been available on SousaSells for 490 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 6 beds, 3 bathrooms, and is 1500-2000 square feet. 202 Ross Street, Welland is in the 768 - Welland Downtown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 202 Ross Street, Welland, ON L3B 2N3
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 $699,900 in Welland, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.