463 Wallace Avenue, Welland, ON

$549,900
MLS#:X11891134
2 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 768 - Welland Downtown. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 37.5 x 100 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Storage, Floor Drain
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into this stunningly renovated 1.5-storey home, where classic charm meets modern luxury. Taken down to the studs and reimagined, this property offers all the benefits of a fully permitted and inspected new build while retaining its original character. Every detail has been meticulously designed with high-end finishes throughout, ensuring a contemporary yet warm and inviting atmosphere.This two-bedroom, 1.5-bathroom home is perfect for those seeking quality and style. The open layout and thoughtful design maximize both space and comfort. The kitchen is a showstopper, boasting premium materials and finishes that are sure to impress. The spacious living areas are bathed in natural light, creating an inviting space to relax and entertain.The unfinished basement is a blank canvas, offering endless possibilities to create additional living space tailored to your needswhether its a recreation room, home office, or guest suite.Outside, the fully fenced, expansive rear yard is perfect for entertaining, gardening, or simply unwinding. With easy access to Highway 406 and all local amenities, this home combines convenience with exceptional living.Don't let this opportunity pass you byschedule your private showing today and experience the craftsmanship and care that have transformed this property into a modern masterpiece!

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Property Summary

This detached home located at 463 Wallace Avenue, Welland is currently for sale and has been available on SousaSells for 581 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 463 Wallace Avenue, Welland is in the 768 - Welland Downtown neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 10, 2025
Sold price information is available to members only
Listed Date12/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementFull
Lot Size37.5 × 100 Feet
CountyNiagara
Annual Tax$2,074.6
Legal DescriptionLT 103 PL 945 ; PT LT 104 PL 945 AS IN RO428126 ; WELLAND

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Storage, Floor Drain

Security Features

Community Features

Location

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463 Wallace 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 463 Wallace Avenue N, Welland, ON L3B 1R3

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.

Market Trend
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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$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Welland, ON

For a property listed at $549,900 in Welland, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 768 - Welland Downtown, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$524,226

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

Princess Elizabeth
Public330 Camrose Avenue, Welland, Ontario, L3B 1P2
6.3
St Kevin
Public182 Aqueduct Street, Welland, Ontario, L3C 1C4
7.0
St Mary
Public120 Plymouth Road, Welland, Ontario, L3B 3C7
6.3
Ross
Public358 Niagara Street, Welland, Ontario, L3C 1K9
6.5
Plymouth
PublicPlymouth Road, Welland, Ontario, L3B 3C7
10.0

Secondary Schools

Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2
Eastdale
Public170 Wellington Street, Welland, Ontario, L3B 1B3
4.5
Centennial
Public240 Thorold Road, Welland, Ontario, L3C 3W2
6.7

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.