61 ROLLINS Drive, Welland, ON

$629,000
MLS#:X9415316
5 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 767 - N. Welland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $629,000 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 700-1100 sqft on a premium 45 x 103 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • equipped with central air central cooling and highly efficient forced air heating

Description

A Perfect Blend of Comfort and Opportunity! Whether you're a family seeking a cozy home or an investor looking for a property with great potential, this charming all-brick bungalow offers the best of both worlds. Situated on a desirable corner lot, this home boasts 3 comfortable bedrooms and a full bathroom on the main floor—ideal for family living. The basement, with 2 additional bedrooms, a second bathroom, and a fully equipped kitchen, provides endless possibilities. With a separate entrance, it’s perfectly set up for extended family living or rental income, offering true versatility. Recent upgrades include a new roof and furnace installed in 2021, ensuring a worry-free investment. Located within walking distance to Niagara College, this home is in a high-demand rental area, making it attractive for investors. Families will also love the quiet neighbourhood, surrounded by nearby schools, parks, and major amenities. Whether you're growing your family or growing your portfolio, this home delivers!

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Property Summary

This detached home located at 61 ROLLINS Drive, Welland is currently for sale and has been available on SousaSells for 639 days. This property is listed at $629,000 with an estimated mortgage of $2,094* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 61 ROLLINS Drive, 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
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date10/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size45 × 103 Feet
CountyNiagara
Annual Tax$4,113
Legal DescriptionPCL 72-1 SEC 59M139; LT 72 PL 59M139; WELLAND

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital

Interior Features

Security Features

Community Features

Location

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61 ROLLINS Drive, 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 61 ROLLINS Drive, Welland, ON L3C 6Z8

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.

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Interest Rate4.00%
Down Payment$188,700 (30.0%)
* Minimum Canadian down payment required for this price is $37,900.
Amortization Period30 Years
Estimated Monthly Payment$2,094Based on a loan of $440,300 over 30 years.
Purchase Price$629,000
Loan Amount$440,300
Provincial Land Transfer Tax:$9,055
Total Estimated Closing Taxes:$9,055

About Purchasing a Home in Welland, ON

For a property listed at $629,000 in Welland, the legal minimum down payment is $37,900 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 $9,055 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 $9,055.

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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.