$399,900

For saleJust listed

13 Patricia Avenue, Welland (N. Welland) - Single Family for Sale

13 Patricia Avenue, Welland (N. Welland), Ontario, L3C1E7

2 beds1 bath8 parking900 ft²76 × 111 ft (8,414 sq ft) lot sizeListed 5 days ago

Overview

This 2-bedroom, 1-bathroom home in Welland is for sale offering roughly 900 sq ft of space. Listed at $399,900, it is attractively priced about 38% below the $640,000 median asking price in Welland. It has been on the market 5 days, fresher than the Welland average of 60 days.

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Description

LOCATION, LOCATION! If you've been waiting for a property where some hard work can translate into real value, 13 Patricia Avenue deserves a look. Located just steps from Niagara Street and Welland's busy commercial corridor, this 2-bedroom bungalow sits on an impressive DOUBLE LOT in an incredibly convenient location.The home itself needs significant updating, but the potential here is undeniable. Renovate, reimagine and build equity - whether you're a first-time buyer with some skills, a contractor looking for the next project, or an investor who can see beyond the work required.And then there's the workshop. MASSIVE doesn't quite cover it! The oversized detached shop is actually larger than the house, offering exceptional space for vehicles, tools, projects, storage or the serious hobbyist.Properties with this combination of location, land and outbuilding space don't come along every day. Bring your work boots, your ideas and a little sweat equity - 13 Patricia Avenue is ready for its next chapter. (id:66096)

Property Details

MLS®: X14134074
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 8
Interior Size: 900 ft²
Lot Size: 76 × 111 ft (8,414 sq ft)
Frontage: 76 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Features

Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Welland (N. Welland) listings, avg age

60d

Price / ft²

$444

List price

$400K

Haho

This 2-bed single family in Welland (N. Welland) has been listed for 5 days, which is 55 days fresher than the city average of 60. Act while there is still low competition.

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Listed by A.G. ROBINS & COMPANY LTD, BROKERAGE · Kristyn Robins

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3C)

This home lists at $399,900, about 5.1× the local median household income of $78,500.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $78,500
Population: 33,462
Median age: 45.6
Owner / renter: 73% / 27%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L3C)

$399,900· $444/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$258/mo

Total monthly$2,365

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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