295 WALLACE Avenue, Welland, ON
Property no longer active
This property was sold on April 19, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $495,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 45 x 100 ft lot
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to your future home located at 295 Wallace Ave S in a family-friendly neighborhood in Welland! The house offers 4 good-sized bedrooms and 2 full bathrooms in the main and second level. Updates in recent years include furnace and A/C (2020) and laminate flooring throughout. The open-concept living room and kitchen flooded with natural light is a great spot for entertaining guests or spending time with family offering a spacious and inviting atmosphere. Outside, there is a private yard and ample parking space. The unfinished basement offers a lot of possibilities for the new owners to transform into their own space. Conveniently situated near shopping centers, highway access, hospital, parks, and schools, this property presents an excellent opportunity for first time homebuyers, growing families or savvy investors alike.
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Property Summary
This detached home located at 295 WALLACE Avenue, Welland is currently for sale and has been available on SousaSells for 696 days. This property is listed at $495,000 with an estimated mortgage of $1,648* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 295 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
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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 295 WALLACE Avenue S, Welland, ON L3B 1R8
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 $495,000 in Welland, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.
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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.