$399,000

For sale

88 Summerlea Avenue, Welland (N. Welland), Ontario, L3C3E7

3 bd2 ba3 pk1,300 ft²Lot size 78 × 284 ft (22,028 sq ft)

Listed by ROYAL LEPAGE NRC REALTY

23 Jackson Court West, Welland (N. Welland), Ontario, L3C7G2

For saleJust listed

Yesterday

$519K

23 Jackson Court West, Welland (N. Welland), Ontario, L3C7G2

3 bd2 ba3 pk900 ft²Lot size 30 × 120 ft (3,537 sq ft)

Listed by RE/MAX GOLD REALTY INC.

78 GRAYSTONE Crescent, Welland (N. Welland), Ontario, L3C6G7

For saleJust listed

2 days ago

$420K

78 GRAYSTONE Crescent, Welland (N. Welland), Ontario, L3C6G7

3 bd2 ba4 pk1,300 ft²Lot size 28 × 150 ft (4,200 sq ft)

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

3 Jackson Court West, Welland (N. Welland), Ontario, L3C7G2

For saleJust listed

2 days ago

$479K

3 Jackson Court West, Welland (N. Welland), Ontario, L3C7G2

3 bd2 ba2 pk900 ft²Lot size 35 × 119 ft (4,134 sq ft)

Listed by REVEL Realty Inc., Brokerage

Investment analysis

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$399,000

Welland

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57 Poplar Crescent, Welland (N. Welland) - Single Family for Sale

57 Poplar Crescent, Welland (N. Welland), Ontario, L3C6W2

5 beds2 baths2 parking900 ft²34 × 110 ft (3,740 sq ft) lot sizeListed 44 days ago

Overview

This 5-bedroom, 2-bathroom home in Welland is for sale offering roughly 900 sq ft of space. Listed at $399,000, it is attractively priced about 38% below the $640,000 median asking price in Welland. It has been on the market 44 days, fresher than the Welland average of 59 days.

Houses for Sale in Welland →All real estate in Welland →

Description

Perfect investment opportunity or entry-level home in a highly desirable, family-friendly Welland community! This 2-storey semi-detached home sits in a prime location just steps from Niagara College offering perpetual tenant demand in a prime community pocket with parks, diverse shopping options, and transit. The main floor boasts a spacious living room alongside a large eat-in kitchen with a generous dining area which steps directly into a private, fully fenced backyard - ideal for kids, pets, and summer hosting. The layout is exceptionally high utility: featuring 3 upper level bedrooms and a finished basement with 2 additional bedrooms plus a second bathroom providing excellent occupancy potential. The private driveway easily accommodates 2 vehicles. Offered at an aggressive price point for a quick sale, this property provides immense upside potential. Don't miss this well-located semi-detached home currently generating $2,200/month in rental income. Perfect for the investor looking to add a stable cash-flowing asset with zero effort from day one. (id:66096)

Property Details

MLS®: X13812168
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 2
Interior Size: 900 ft²
Lot Size: 34 × 110 ft (3,740 sq ft)
Frontage: 34 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,138/yr
Listed: 44 days ago

Rooms

Ground level

Living room: 4.57 x 4.27 meters
Kitchen: 5.79 x 3.05 meters
Dining room: 5.79 x 3.05 meters

Second level

Primary Bedroom: 3.96 x 3.35 meters
Bedroom: 3.05 x 2.44 meters
Bedroom: 3.35 x 2.44 meters

Basement

Bedroom: 3.05 x 2.74 meters
Bedroom: 4.27 x 2.44 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
Flooring: Hardwood, Laminate, Carpeted
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Welland (N. Welland) listings, avg age

59d

Price / ft²

$443

List price

$399K

Haho

This 5-bed single family in Welland (N. Welland) has been listed for 44 days, which is 15 days fresher than the city average of 59. Act while there is still low competition.

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Listed by LPT REALTY · INDERBIR BEHL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3C)

This home lists at $399,000, about 5.1× the local median household income of $78,500.

Carrying it typically needs a household income of about $77,939 (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)

$399,000· $443/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$262/mo

Total monthly$2,363

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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