379 First Avenue, Welland, ON

$529,990
MLS#:X10446060
6 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Backsplit 3 semi-detached located in the coveted neighborhood of 767 - N. Welland. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $529,990 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.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 32.93 x 112.28 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Other
  • Efficient forced air heating via gas

Description

Spacious 6-Bedroom Semi-Detached Backsplit Steps from Niagara College! Discover the perfect blend of affordability, convenience, and investment potential in this versatile semi-detached backsplit located in the heart of North Welland. Walking distance from Niagara College and moments from the 406, Seaway Mall, and local shopping, this home is ideal for families and investors alike. Property Highlights: 6 Bedrooms & 2 Bathrooms: Generously sized bedrooms split between two levels offer flexibility for families or rental income. Dual Kitchens & Separate Entrances: Live comfortably upstairs with 3 bedrooms, a full kitchen, a bathroom, and a spacious living/dining area, the lower level featuring 3 bedrooms, a kitchen and bathroom. Enjoy peace of mind with numerous upgrades. Ample Parking: Driveway accommodates up to 3 vehicles. Whether you're seeking a multigenerational home, an income-generating rental, or a combination of both, this property offers endless possibilities. Don't miss this opportunity to invest in a prime location with incredible potential!

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Property Summary

This detached home located at 379 First Avenue, Welland is currently for sale and has been available on SousaSells for 601 days. This property is listed at $529,990 with an estimated mortgage of $1,764* per month. It has 6 beds, 2 bathrooms, and is 700-1100 square feet. 379 First Avenue, Welland is in the 767 - N. Welland neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 2, 2025
Sold price information is available to members only
Listed Date11/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBacksplit 3
ConstructionBrick, Vinyl Siding
BasementFinished
Lot Size32.93 × 112.28 Feet
CountyNiagara
Annual Tax$3,049
Legal DescriptionPT LT 129 PL NS17 AS IN RO478360 ; S/T RO178428 WELLAND

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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379 First 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 379 First Avenue, Welland, ON L3C 5R3

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$158,997 (30.0%)
* Minimum Canadian down payment required for this price is $27,999.
Amortization Period30 Years
Estimated Monthly Payment$1,764Based on a loan of $370,993 over 30 years.
Purchase Price$529,990
Loan Amount$370,993
Provincial Land Transfer Tax:$7,075
Total Estimated Closing Taxes:$7,075

About Purchasing a Home in Welland, ON

For a property listed at $529,990 in Welland, the legal minimum down payment is $27,999 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 $7,075 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 $7,075.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 767 - N. Welland, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$657,033

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

Glendale
Public24 Farnham Avenue, Welland, Ontario, L3C 3R1
8.1
Quaker Road
Public333 Quaker Road, Welland, Ontario, L3C 3G7
7.6
Alexander Kuska KSG
Public333 Rice Road, Welland, Ontario, L3C 2V9
5.8
Ross
Public358 Niagara Street, Welland, Ontario, L3C 1K9
6.5
Nouvel Horizon
Public621 Quaker Road, Welland, Ontario, L3C 3H1
4.7

Secondary Schools

Centennial
Public240 Thorold Road, Welland, Ontario, L3C 3W2
6.7
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.