40 Memorial Park Drive, Welland, ON

$639,900
MLS#:X12175653
5 beds
2 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 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 and stone construction, this residence presents an exceptional opportunity offered at $639,900 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 1500-2000 sqft on a premium 65.17 x 114.19 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 40 Memorial Park Drive, a meticulously upgraded brick and stone bungalow nestled in one of Welland's most established and family-oriented neighbourhoods. Offering over 1,760 sq. ft. of beautifully finished main floor living. The main level boasts four spacious bedrooms, ideal for growing families or those seeking flexible space. At the heart of the home is a custom kitchen (2021) featuring quartz countertops, sleek cabinetry, and a well-planned layout perfect for daily living and entertaining. Adjacent to the kitchen is a sunken living room, which offers direct access to the rear patio, seamlessly connecting indoor and outdoor living. A separate dining area provides ample room for gatherings, while the hallway is tastefully finished with wainscoting and hardwood floors throughout. The main floor bathroom is thoughtfully designed with a two-way entry, spa-like finishes, and premium fixtures for both comfort and accessibility. The lower level, renovated in 2023, adds tremendous value with 884 additional finished sqft, a fifth bedroom, a generous rec room enhanced by pot lights, an electric fireplace with custom mantle, and space for a future wet bar. The second bathroom showcases a double vanity, tub, and shower combination with a beautiful niche, while the laundry area features a stylish mosaic accent wall. A storage or workshop space completes the basement. The exterior is just as impressive. Enjoy professionally poured front and rear patio/walkway (2022), a spacious shed (2022), and an above-ground pool(2022), creating a backyard oasis ideal for summer enjoyment. Additional upgrades include new windows(2024) throughout the basement and most of the upper level, furnace and A/C (2023),100 amp breaker panel (2022), and hardwired basement smoke detectors. This home is an exceptional blend of modern comfort, thoughtful design, and lasting quality.

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Property Summary

This detached home located at 40 Memorial Park Drive, Welland is currently for sale and has been available on SousaSells for 418 days. This property is listed at $639,900 with an estimated mortgage of $2,130* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 40 Memorial Park Drive, 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

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 14, 2025
Sold price information is available to members only
Listed Date5/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFull, Finished
Lot Size65.17 × 114.19 Feet
CountyNiagara
Annual Tax$4,411.63
Legal DescriptionLT 6 PL 635: S/T BB5703 WELLAND

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Public Transit, School, School Bus Route

Interior Features

Carpet Free

Security Features

Smoke Detector

Community Features

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Location

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40 Memorial Park Drive, 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 40 Memorial Park Drive, Welland, ON L3B 1A6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.

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Interest Rate4.00%
Down Payment$191,970 (30.0%)
* Minimum Canadian down payment required for this price is $38,990.
Amortization Period30 Years
Estimated Monthly Payment$2,130Based on a loan of $447,930 over 30 years.
Purchase Price$639,900
Loan Amount$447,930
Provincial Land Transfer Tax:$9,273
Total Estimated Closing Taxes:$9,273

About Purchasing a Home in Welland, ON

For a property listed at $639,900 in Welland, the legal minimum down payment is $38,990 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 $9,273 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 $9,273.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 773 - Lincoln/Crowland, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$566,884

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

Saint-François-d'Assise
Public58 Empress Avenue, Welland, Ontario, L3B 1K9
5.6
Diamond Trail
Public315 Southworth Street, Welland, Ontario, L3B 1Z8
7.2
St Mary
Public120 Plymouth Road, Welland, Ontario, L3B 3C7
6.3
Princess Elizabeth
Public330 Camrose Avenue, Welland, Ontario, L3B 1P2
6.3
Plymouth
PublicPlymouth Road, Welland, Ontario, L3B 3C7
10.0

Secondary Schools

Eastdale
Public170 Wellington Street, Welland, Ontario, L3B 1B3
4.5
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.