$399,900

For sale

28 Marshall Avenue, Welland (Broadway) - Single Family for Sale

28 Marshall Avenue, Welland (Broadway), Ontario, L3C2N2

5 beds1 bath6 parking900 ft²50 × 106 ft (5,300 sq ft) lot sizeListed 63 days ago

Overview

This 5-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 11% below the $449,500 median asking price in Welland.

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Description

Charming 3-bedroom, 1-bathroom bungalow in a quiet, family-friendly neighbourhood in southwest Welland. This is great opportunity for a first time home buyer, house hacker, investor, or multi-generational family. The main floor is move in ready - basement has amazing potential for a accessory apartment, in-law suite, or duplex conversion. the main has been completely refreshed with fresh paint, updated flooring, while keeping the charming original hardwood floors and trim. Full 4-piece bathroom with tub/shower combo. Charming kitchen with plenty of storage. Kitchen leads to a separate back door entrance, leading to a back deck. This back door also leads to the full finished basement, offering two additional bedrooms, a family room, laundry room, and second kitchen - providing excellent potential for an in-law suite or future duplex conversion. Double detached garage (25'x23') - excellent for keeping vehicles out of the weather, could be utilized for storage storage, or unlock some creative potential as a workshop, studio, etc. Conveniently located close to schools, shopping, parks, and everyday amenities. Quick closing is available! (id:66096)

Property Details

MLS®: X13738298
Property Type: Single Family
Zoning: RL1
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 50 × 106 ft (5,300 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 5.34 x 3.4 meters
Living room: 3.5 x 2.52 meters
Bedroom: 3.5 x 2.66 meters
Bedroom 2: 3.5 x 2.83 meters
Bedroom 3: 3.4 x 2.63 meters
Bathroom: 2.39 x 1.82 meters

Basement

Kitchen: 3.4 x 2.46 meters
Family room: 10.04 x 3.41 meters
Bedroom 4: 3.42 x 3.04 meters
Bedroom 5: 3.42 x 3.04 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dryer, Water Heater
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

63d

Welland (Broadway) listings, avg age

64d

Price / ft²

$444

List price

$400K

Haho

This 5-bed single family in Welland (Broadway) has been listed for 63 days, which is 1 days fresher than the city average of 64. Act while there is still low competition.

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Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE · Justin Dube

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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