71 Summerlea Avenue, Welland, ON
Property no longer active
This property was sold on November 6, 2025. 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 767 - N. Welland. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $599,850 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 with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 107 x 203 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This property's exceptional value lies in its prime location and generous lot size (107 x 203 ft, just over half an acre) bordering Fonthill. Serviced with city sewer, water, and natural gas, such sizeable lots are increasingly rare. The existing three-bedroom bungalow features two kitchens, one on each level, offering potential for an in-law suite in the full basement. This home is move-in ready with all mechanics in top condition and ready for a new owner who loves the perfect family location. The substantial lot size allows for significant expansion, presenting an opportunity to create a truly desirable property. An on-site visit is highly recommended to fully appreciate the potential this property offers for long-term ownership.
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Property Summary
This detached home located at 71 Summerlea Avenue, Welland is currently for sale and has been available on SousaSells for 401 days. This property is listed at $599,850 with an estimated mortgage of $1,997* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 71 Summerlea 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 71 Summerlea Avenue, Welland, ON L3C 3E9
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 $599,850 in Welland, the legal minimum down payment is $34,985 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 $8,472 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 $8,472.
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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.