$335,000

For sale

55 Merritt Street, Welland (Prince Charles) - Single Family for Sale

55 Merritt Street, Welland (Prince Charles), Ontario, L3C4T2

2 beds1 bath2 parking350 ft²30 × 99 ft (2,970 sq ft) lot sizeListed 51 days ago

Overview

This 2-bedroom, 1-bathroom home in Welland is for sale offering roughly 350 sq ft of space. It has been on the market 51 days, fresher than the Welland average of 74 days.

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Description

A little bungalow with a lot to offer. Tucked onto a quiet street near the heart of Welland, 55 Merritt Street is a renovated 2-bedroom, 1-bathroom home with a fenced backyard backing toward the Welland River with a peaceful, tree-lined setting. Inside, the home has been thoughtfully updated and features forced-air heating, central air conditioning and upgraded insulation for year-round comfort. The backyard adds even more space to relax or entertain, while nearby trails, parks, shops and restaurants make it easy to enjoy the surrounding neighbourhood. With its manageable footprint, updated interior and distinctive riverside location, this home is a great option for first-time buyers, downsizers, investors or anyone looking for something a little different in Welland. (id:66096)

Property Details

MLS®: X13783888
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 350 ft²
Lot Size: 30 × 99 ft (2,970 sq ft)
Frontage: 30 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,206/yr
Listed

Rooms

Main level

Bedroom: 2.98 x 2.94 meters
Bedroom 2: 2.9 x 2.9 meters
Kitchen: 3.3 x 3.26 meters
Living room: 2.87 x 3.14 meters
Dining room: 2.87 x 1.8 meters

Other

Utility room: 2.45 x 1.63 meters

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

Features

Appliances: Water meter, Water Heater - Tankless, Water Heater
Foundation: Block
Exterior: Stucco
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

51d

Welland (Prince Charles) listings, avg age

74d

Price / ft²

$959

List price

$335K

Haho

This 2-bed single family in Welland (Prince Charles) has been listed for 51 days, which is 23 days fresher than the city average of 74. Act while there is still low competition.

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Listed by RIGHT CHOICE HAPPENINGS REALTY LTD. · VERONICA THOMPSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3C)

This home lists at $335,000, about 4.3× the local median household income of $78,500.

Carrying it typically needs a household income of about $65,437 (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)

$335,000· $959/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,750

Min 5%50%

Mortgage payment$1,764/mo

↳ CMHC premium ($12,730 capitalized)

Property tax (est.)$184/mo

Total monthly$1,948

Cash Needed to Close

Down payment (5%)$16,750

Land transfer tax$3,500

Est. closing costs$3,505

Total cash needed$23,755

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