$439,900

$449,900For salePrice drop↓ $10,000 (2%)

487 SCHOLFIELD Avenue North, Welland - Single Family for Sale

487 SCHOLFIELD Avenue North, Welland, Ontario, L3B1N3

3 beds1 bath4 parking850 ft²Listed 37 days ago

Overview

This 3-bedroom, 1-bathroom home in Welland is for sale offering roughly 850 sq ft of space. Listed at $439,900, it is attractively priced about 25% below the $584,500 median asking price in Welland. It has been on the market 37 days, fresher than the Welland average of 80 days.

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Description

This wonderful, exceptionally well-maintained bungalow is an ideal opportunity for a retiree, first-time buyer, or anyone looking for a comfortable, move-in-ready home. Perfectly located close to bus routes, shopping, and Highway 406, this home offers both convenience and functionality. The partially finished basement features new carpeting, a bedroom, living area, and convenient rear entrance, providing additional flexible living space. Numerous updates have been completed, including new flooring on the main floor, an updated electrical breaker panel serving both the home and garage, hot water tank, gas furnace, heat pump, bathroom and kitchen taps, rear-yard shed and fencing. The main floor has also been freshly repainted, and the kitchen features a new range hood and dishwasher. With thoughtful updates throughout and an inviting layout, this home is ready for you to move in and enjoy. Easy to show and ready for your viewing! (id:66096)

Property Details

MLS®: 40866418
Property Type: Single Family
Zoning: RL2
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 4
Interior Size: 850 ft²
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage
Ownership: Freehold
Property Tax: $2,893.12/yr
Listed

Rooms

Main level

4pc Bathroom
Bedroom: 8'9'' x 11'5''
Bedroom: 11'3'' x 11'5''
Kitchen: 7'5'' x 11'3''
Dining room: 7'5'' x 9'5''
Living room: 17'4'' x 11'1''

Basement

Office: 11'3'' x 9'8''
Sitting room: 10'10'' x 17'8''
Bedroom: 10'3'' x 11'6''

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

Features

Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Welland listings, avg age

80d

Price / ft²

$518

List price

$440K

Haho

This 3-bed single family in Welland has been listed for 37 days, which is 43 days fresher than the city average of 80. Act while there is still low competition.

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Listed by Keller Williams Complete Realty · Andrew Robertson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3B)

This home lists at $439,900, about 6.6× the local median household income of $66,500.

Carrying it typically needs a household income of about $85,928 (20% down, 25-yr amortization, stress-tested) — roughly 29% 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)

$439,900· $518/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,995

Min 5%50%

Mortgage payment$2,317/mo

↳ CMHC premium ($16,716 capitalized)

Property tax (est.)$241/mo

Total monthly$2,558

Cash Needed to Close

Down payment (5%)$21,995

Land transfer tax$5,273

Est. closing costs$3,820

Total cash needed$31,088

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