558 FIRST Avenue, Welland, ON

$499,900
MLS#:X10989236
4 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of 767 - N. Welland. Expertly crafted featuring premium vinyl siding and brick 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 30 x 120 ft lot
  • Features a walk-up, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

***Amazing investment opportunity*** Welcome to this charming 3 + 1 bedroom, 2-bath semi-detached single-family home, ideally located in a highly sought-after, family-friendly neighbourhood of Welland and across the street from Niagara College. This well-maintained home offers a spacious and functional layout, perfect for families or investment. The main floor features a bright living and dining area, the updated kitchen offers plenty of counter space and modern appliances for your cooking needs. The home boasts three generous bedrooms, plus 2 additional bonus rooms in the lower level with large windows that can serve as a bedrooms, home office, or playroom/rec-room. With two full bathrooms, this home provides ample space and convenience for daily living or renting. Outside, enjoy a private backyard fully fenced and plenty of parking. A fantastic location near The College, schools, the YMCA, parks, shopping, and public transit. Whether you're going to school or exploring local amenities, everything you need is just a short distance away. This home combines comfort, convenience, and space don't miss the opportunity to make it yours!

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Property Summary

This detached home located at 558 FIRST Avenue, Welland is currently for sale and has been available on SousaSells for 598 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 558 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
4
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 16, 2024
Sold price information is available to members only
Listed Date11/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionVinyl Siding, Brick
BasementWalk-Up, Separate Entrance
Lot Size30 × 120 Feet
CountyNiagara
Annual Tax$3,446
Legal DescriptionPCL 2-2 SEC M25; PT LT 2 PL M25, PTS 1 & 2 59R2047; S/T BB93085

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Storage

Security Features

Community Features

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Location

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558 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 558 FIRST Avenue, Welland, ON L3C 1Z3

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 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.