272 Wallace Avenue, Welland, ON
Property no longer active
This property was sold on September 25, 2025. 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 brick construction, this residence presents an exceptional opportunity offered at $499,900 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 44.1 x 100 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
5-Bedroom Brick Bungalow with In-Law Suite Potential. Welcome to this spacious and inviting 5-bedroom bungalow, complete with a detached, heated single-car garage. As you step inside, you'll be greeted by a bright and open-concept living room, dining area, and kitchen perfect for both everyday living and entertaining.The modern kitchen features a large peninsula ideal for gathering with friends and family, sleek stainless steel appliances, and a stylish backsplash that adds a contemporary touch.The main floor offers a comfortable primary bedroom, a second bedroom, a 4-piece bathroom, and a convenient mudroom that leads out to a private backyard deck. Relax under the metal gazebo and enjoy the peaceful outdoor setting, your own little oasis. Downstairs, the fully finished basement offers incredible versatility with its own separate entrance. Whether you're looking to create a rental unit for extra income or an in-law suite, the possibilities are endless. The basement includes a spacious recroom, three additional bedrooms, a 3-piece bathroom, and a combined laundry/utility room. Notable updates include: Newer Garage roof, Newer House roof (2018) Furnace (2020) Located close to shopping, Highway 406, schools, and parks, this home is a fantastic opportunity for first-time buyers, families, or savvy investors.
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Property Summary
This detached home located at 272 Wallace Avenue, Welland is currently for sale and has been available on SousaSells for 333 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 272 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
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School, School Bus Route
Interior Features
In-Law Capability, Primary Bedroom - Main Floor, Water Heater
Security Features
Community Features
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 272 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 $499,900 in Welland, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.