229 DAIN Avenue, Welland, ON

$299,999
MLS#:X9864058
2 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $299,999 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 40 x 118.7 ft lot
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with window unit(s) central cooling and highly efficient other heating via gas

Description

Renovator, investor, first-time buyer? Here's an opportunity you won't want to miss. This 2 bedroom, 1 bathroom bungalow with detached garage with hydro and a bunkie (wired but hydro not connected) has a lot of potential with a little bit of work. Kitchen & bathroom were previously updated. Half the roof still needs to be completed and shingles available to finish the job and some siding needs to be completed. Located close to hospital & amenities.

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Property Summary

This detached home located at 229 DAIN Avenue, Welland is currently for sale and has been available on SousaSells for 624 days. This property is listed at $299,999 with an estimated mortgage of $999* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 229 DAIN Avenue, 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 DateDecember 6, 2024
Sold price information is available to members only
Listed Date10/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
Lot Size40 × 118.7 Feet
CountyNiagara
Annual Tax$2,057
Legal DescriptionLT 106 PL 937 ; WELLAND

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingWindow Unit(s)

Features

Property Features

Hospital, Fenced Yard

Interior Features

None

Security Features

Community Features

Location

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229 DAIN Avenue, 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 229 DAIN Avenue, Welland, ON L3B 3E7

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$90,000 (30.0%)
* Minimum Canadian down payment required for this price is $15,000.
Amortization Period30 Years
Estimated Monthly Payment$999Based on a loan of $209,999 over 30 years.
Purchase Price$299,999
Loan Amount$209,999
Provincial Land Transfer Tax:$2,975
Total Estimated Closing Taxes:$2,975

About Purchasing a Home in Welland, ON

For a property listed at $299,999 in Welland, the legal minimum down payment is $15,000 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 $2,975 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 $2,975.

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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.