$1,100,000

For sale

229 Midland Place, Welland (Hwy 406/Welland) - Single Family for Sale

229 Midland Place, Welland (Hwy 406/Welland), Ontario, L3B0H4

4 beds4 baths6 parking2,750 ft²45 × 89 ft (4,045 sq ft) lot sizeListed 70 days ago

Overview

This 4-bedroom, 4-bathroom home in Welland is for sale offering roughly 2,750 sq ft of space. It has been on the market 70 days, fresher than the Welland average of 88 days.

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Description

Limited time HST rebate offer affordable luxury. This spacious 2,750 sq. ft. custom home in WaterView Estate is located right beside Hunters Point, with parks, trails, shopping and easy 406 access nearby. Featuring over $200,000 in premium finishes, this home blends modern design with thoughtful family living. The striking exterior features oversized windows, stone details and a welcoming stone portico, while the bright open-concept interior showcases a stunning gourmet kitchen with waterfall island, quartz countertops and crown moulding. The spacious primary suite offers his & hers closets and a spa-inspired ensuite with full-glass shower, soaker tub, quartz double vanity and LED mirrors. Each bedroom has access to its own or shared ensuite, with walk-in closets in Bedrooms 2 & 3 and convenient bedroom-level laundry. The walk-out basement offers incredible flexibility for multi-generational living, a home theatre, gym or additional living space, with a 3-piece bath rough-in. (id:66096)

Property Details

MLS®: X13715090
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 45 × 89 ft (4,045 sq ft)
Frontage: 45 ft
Storeys: 2
Basement: Walk out, N/A
Heating: Forced air, Natural gas
Garage: Attached Garage, Garage, Inside Entry
Ownership: Freehold
Property Tax: $3,099.56/yr
Listed: 70 days ago

Rooms

Main level

Foyer: 2.74 x 1.8 meters
Bathroom
Dining room: 5.11 x 5.11 meters
Family room: 5.13 x 5.13 meters
Kitchen: 2.72 x 4.5 meters
Eating area: 2.87 x 4.5 meters
Mud room

Second level

Bedroom 4: 4.04 x 4.06 meters
Laundry room
Primary Bedroom: 5.79 x 3.94 meters
Bedroom 2: 4.95 x 3.25 meters

Features

Appliances: Water Heater - Tankless
Foundation: Poured Concrete
Exterior: Stone, Brick Facing
Lot Features: Irregular lot size, Sloping

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Welland (Hwy 406/Welland) listings, avg age

88d

Price / ft²

$400

List price

$1.10M

Haho

This 4-bed single family in Welland (Hwy 406/Welland) has been listed for 70 days, which is 18 days fresher than the city average of 88. Act while there is still low competition.

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Listed by STONEMILL REALTY INC. · ERIN L. FORTUNE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3B)

This home lists at $1,100,000, about 16.5× the local median household income of $66,500.

Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 223% above the area median.

Median household income: $66,500
Population: 25,869
Median age: 43.2
Owner / renter: 66% / 35%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3B)

$1,100,000· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $85,000

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,600 capitalized)

Property tax (est.)$258/mo

Total monthly$5,886

Cash Needed to Close

Down payment (7.73%)$85,000

Land transfer tax$18,475

Est. closing costs$5,800

Total cash needed$109,275

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