266 WALLACE Avenue, Welland, ON
Property no longer active
This property was sold on November 11, 2024. 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 773 - Lincoln/Crowland. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $579,900 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 45 x 100 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Accessory Apartment, Water Heater
- equipped with central air central cooling and highly efficient forced air heating
Description
Welcome to 266 Wallace Ave S, Welland, a completely renovated legal duplex offering a perfect blend of modern amenities and investment potential. This stunning property boasts two fully updated units, each designed with comfort and style in mind. The main floor unit features two spacious bedrooms, a brand new kitchen equipped with a new fridge and dishwasher, and a gas stove. The unit also includes a beautifully renovated bathroom and new flooring throughout. Additionally, the basement, part of the main unit, offers an extra bedroom and another full bathroom, all newly updated. The upstairs unit comprises two bedrooms and one bathroom, with a new kitchen featuring a gas stove, and new flooring throughout the entire space. Recent upgrades to the property include a new roof, a newly paved driveway, and some new duct work, ensuring that every aspect of this home is fresh and move-in ready. Both units offer modern, stylish bathrooms and kitchens, making this duplex a prime choice for homeowners seeking additional rental income or investors looking for a turn-key property. Located in a desirable Welland neighbourhood, close to schools, parks, and shopping, 266 Wallace Ave S combines convenience with contemporary living. Don’t miss the opportunity to own this meticulously updated duplex.
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Property Summary
This detached home located at 266 WALLACE Avenue, Welland is currently for sale and has been available on SousaSells for 770 days. This property is listed at $579,900 with an estimated mortgage of $1,930* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 266 WALLACE 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
Additional Details
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Parking & Garage
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Accessory Apartment, Water Heater
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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 266 WALLACE Avenue S, Welland, ON L3B 1R6
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 $579,900 in Welland, the legal minimum down payment is $32,990 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 $8,073 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 $8,073.
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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.