61 Commercial Street, Welland, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $484,900 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 with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50 x 100 ft lot
- Features a full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Suite, Separate Heating Controls
- equipped with other central cooling and highly efficient radiant heating via gas
Description
Single family home OR solid investment opportunity! This well-maintained, all-brick bungalow is a fantastic addition to any investment portfolio, offering approximately 2,250 square feet of finished living space with flexible rental potential. Whether you choose to enjoy it as a spacious single-family home or take advantage of its setup as two separate units, the possibilities are endless. The main floor features a bright living room with LVP flooring, a generous kitchen, three bedrooms, and a four-piece bath. A separate side entrance leads to the lower level, complete with an open-concept living area, kitchen, two additional bedrooms, a four-piece bath, two laundry areas, and ample storage. The attached single garage offers additional space, while the fully fenced yard ensures privacy. With a prime location close to shopping and amenities, this property is perfect for multi-generational living or generating rental income.
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Property Summary
This detached home located at 61 Commercial Street, Welland is currently for sale and has been available on SousaSells for 492 days. This property is listed at $484,900 with an estimated mortgage of $1,614* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 61 Commercial Street, 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, Public Transit
Interior Features
In-Law Suite, Separate Heating Controls
Security Features
Community Features
Location
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 61 Commercial Street, Welland, ON L3B 2P3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Welland, ON
For a property listed at $484,900 in Welland, the legal minimum down payment is $24,245 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 $6,173 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 $6,173.
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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.