54 Lock Street, Welland, ON

$499,900
MLS#:X12080210
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 769 - Prince Charles. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $499,900 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 99 x 99 ft lot
  • Features a unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 54 Lock Street, Welland. This 1900, 2 storey home offers you exceptional charm and character of the era in which it was built featuring gorgeous hardwood flooring and magnificent wood trim and doors. As you walk through the main floor you will appreciate the layout and generous room sizes which include the living room, formal dining room, sitting room/family room, a substantial kitchen with a good amount of storage along with a 2 piece bathroom to complete the main floor. Upstairs are 3 Bedrooms and a 4 piece Bathroom. The full basement which includes a walk up separate entrance has been waterproofed and a sump pump was added in October 2024 allowing for tons of storage. Situated on an oversized lot with a detached garage, this property features a stunning award-winning landscaped yard and concrete patio to enjoy the upcoming summer weather. Located in a family friendly neighbourhood close to all the highlights of Welland including the trails along the Welland Recreational Canal, Chippawa Park, Restaurants, the Farmer's market at the market square which you can visit Saturday mornings to get your local grown fruits, veggies, meats and cheeses, shopping plazas and the Seaway mall nearby, elementary and high schools within walking distance and you are mins to the 406.This lovely home is ideal for the first time homebuyer or investor looking to add to their portfolio or if you are a developer or home builder you could look at the opportunity to serve the lot and build another home beside this one while generating rental income (buyer to complete their own due diligence with the municipality). The current owners have loved this home for over 20 years and are ready to pass it to you for your enjoyment. Quick closing is available. Come have a look today!

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Property Summary

This detached home located at 54 Lock Street, Welland is currently for sale and has been available on SousaSells for 458 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 54 Lock Street, 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 DateJuly 17, 2025
Sold price information is available to members only
Listed Date4/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Stucco (Plaster)
BasementUnfinished, Separate Entrance
Lot Size99 × 99 Feet
CountyNiagara
Annual Tax$2,959
Legal DescriptionLT 16 & PT 15 PL 549-550 AS IN RO679402; WELLAND

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Place Of Worship, School, School Bus Route, Public Transit

Interior Features

Water Heater Owned, Sump Pump

Security Features

Community Features

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Location

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54 Lock Street, 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 54 Lock Street, Welland, ON L3C 1E4

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$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Welland, ON

For a property listed at $499,900 in Welland, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

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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.