$298,999

For saleJust listed

389 Lincoln Street, Welland (Lincoln/Crowland) - Single Family for Sale

389 Lincoln Street, Welland (Lincoln/Crowland), Ontario, L3B4N6

1 bed1 bath3 parking900 ft²40 × 100 ft (4,022 sq ft) lot sizeListed 4 days ago

Overview

This 1-bedroom, 1-bathroom home in Welland is for sale offering roughly 900 sq ft of space. Listed at $298,999, it is attractively priced about 30% below the $429,000 median asking price in Welland. It has been on the market 4 days, fresher than the Welland average of 72 days.

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Description

***PRICE TO SELL*** Cute. Condo Alternative. Renovated And Remodeled From 2 Bedroom to 1 Bedroom Bungalow. Open Concept Big Leaving room with laminate flooring. Good Size Prime Bedroom With 2 Windows And B/I Closet and 4 pc Ensuite. Covered Concrete Front porch. Separate Entrance To The Basement. Recently Waterproof Basement Has 2 New Water pumps, Raft- In 3 pc Bathroom , Raft-In Kitchen, Sink. Ready To Be Finished For Your Own Needs And Design. Beautiful, Peaceful Rear Yard. Conveniently Located Across From Plaza W/Quick And Easy Access To Hwy 406. Cooperating Broker Commission Will Be Reduced By 50% Plus HST If Buyer Is Introduced To The Property By Private Showing With The Listing Agent (id:66096)

Property Details

MLS®: X14137198
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 40 × 100 ft (4,022 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,338.83/yr

Rooms

Main level

Living room: 8.21 x 3.65 meters
Dining room: 8.21 x 3.65 meters
Primary Bedroom: 3.65 x 3.65 meters
Kitchen: 3.65 x 2.8 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, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Laminate
Foundation: Block
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Welland (Lincoln/Crowland) listings, avg age

72d

Price / ft²

$332

List price

$299K

Haho

This 1-bed single family in Welland (Lincoln/Crowland) has been listed for 4 days, which is 68 days fresher than the city average of 72. Act while there is still low competition.

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Listed by CENTRAL HOME REALTY INC. · MARINA ILIUSHKINA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3B)

This home lists at $298,999, about 4.5× the local median household income of $66,500.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$298,999· $332/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,949.95

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Property tax (est.)$195/mo

Total monthly$1,770

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$2,960

Est. closing costs$3,397

Total cash needed$21,307

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