362 Gatfield Avenue, Welland, ON
Property no longer active
This property was sold on October 18, 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 brick construction, this residence presents an exceptional opportunity offered at $589,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 40 x 100 ft lot size
- Features a finished, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully updated bungalow, nestled in the vibrant community of Welland. This home boasts a prime location within walking distance to grocery stores, gyms, take-out restaurants, drug stores, Tim Hortons, public playgrounds, and public transit. With easy access to the 406, commuting is a breeze. This bungalow features significant updates that ensure peace of mind for years to come. The foundation was waterproofed in 2009, while the roof was replaced in 2013. Enjoy the comfort of a new A/C unit from 2018 and an upgraded electrical panel (2020) that provides safety and efficiency. The garage saw improvements in 2022, including updated electrical work, while the furnace and chimney were serviced in 2022 as well. Step inside to discover a beautifully remodeled upstairs bathroom (2021) and a stunning kitchen remodel completed in 2022. With a separate entrance to The generous full basement transformed in 2023, complete with its own kitchen, bathroom and bedroom, making it an ideal space for an in-law suite. Modern amenities like Nest combination detectors and a thermostat enhance your living experience. The laundry room was updated in 2021, and exterior smart features such as timers and smart switches add to the homes appeal. With a spacious full 2-car garage and all the conveniences nearby, this home is a true gem waiting for you to call it your own!
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Property Summary
This detached home located at 362 Gatfield Avenue, Welland is currently for sale and has been available on SousaSells for 698 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 362 Gatfield 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 362 Gatfield Avenue, Welland, ON L3B 5B2
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 $589,900 in Welland, the legal minimum down payment is $33,990 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 $8,273 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 $8,273.
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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.