514 Lloyd Avenue, Welland, ON

$549,900
MLS#:X11504173
3 beds
2 baths
1100-1500 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 17, 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 769 - Prince Charles. Expertly crafted featuring premium brick 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 60.15 x 125.32 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome home to 514 Lloyd Avenue located in the beautiful city of Welland! This 3 bedroom, 1.5 bathroom all brick bungalow has everything you have been searching for. Situated in the north end on a quiet dead end street. Conveniently located close to many great schools, amenities and is just steps away from Maple Park. This home features a large front porch, tons of parking and a detached garage. A separate side entrance leads you directly to the fully finished basement offering the perfect space for a potential in-law suite. Sitting on a generous 60'x125' lot with plenty of privacy and greenspace for outdoor activities with your family. Stepping inside you are greeted with a large living room which flows seamlessly into the eat in kitchen. From the big picture window in the living room to the skylight in the kitchen there is so much natural light making this space very warm and welcoming! Finishing off upstairs is the homes 3 bedrooms and main floor bathroom. Heading downstairs to the fully finished basement you will find enough space for all your wants and needs. There is plenty of storage, laundry room with a half bathroom, a potential fourth bedroom or hobby room and a massive rec-space. This affordable home truly has everything you could ask for! Put a little sweat equity into it for it's great resale potential, convert the basement into a secondary unit for a member of the family, take advantage of the homes income potential as an investment opportunity or just enjoy it as a single family home. Book your own private showing today, you will not be disappointed that you did!

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Property Summary

This detached home located at 514 Lloyd Avenue, Welland is currently for sale and has been available on SousaSells for 595 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 514 Lloyd Avenue, Welland is in the 769 - Prince Charles neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 17, 2024
Sold price information is available to members only
Listed Date11/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size60.15 × 125.32 Feet
CountyNiagara
Annual Tax$3,301
Legal DescriptionLT 42 PL 673 ; S/T TH20770 WELLAND AMENDED 2001/04/24 LR 3

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Park, Place Of Worship, School

Interior Features

In-Law Capability

Security Features

Community Features

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Location

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514 Lloyd 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 514 Lloyd Avenue, Welland, ON L3C 2Z5

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.

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 769 - Prince Charles, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$648,524

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

Fitch Street
Public164 Fitch Street, Welland, Ontario, L3C 4V5
8.1
Holy Name
Public290 Fitch Street, Welland, Ontario, L3C 4W5
7.9
du Sacré-Coeur
Public310 Fitch Street, Welland, Ontario, L3C 4W5
5.8
Gordon
Public468 Thorold Road, Welland, Ontario, L3C 3W6
7.2
Ross
Public358 Niagara Street, Welland, Ontario, L3C 1K9
6.5

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.