$405,000

For sale

71 South SCHOLFIELD Avenue South, Welland - Single Family for Sale

71 South SCHOLFIELD Avenue South, Welland, Ontario, L3B1N4

2 beds2 baths3 parking915 ft²Listed 149 days ago

Overview

This 2-bedroom, 2-bathroom home in Welland is for sale offering roughly 915 sq ft of space. Listed at $405,000, it is attractively priced about 31% below the $584,500 median asking price in Welland.

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Description

Welcome to this cute and well-kept home, tucked away on a quiet street while still being close to everything you need. The main floor offers a bright, open-concept living and dining area, along with a functional kitchen that makes everyday living easy. Upstairs, you’ll find two bedrooms and a full bathroom. The partially finished basement adds valuable extra space, including a rec room that could also be used as a 3rd bedroom, and a recently renovated bathroom with shower. Outside, the newer wood fence creates a great backyard space, especially for dog owners. There is also a detached single-car garage, a newer shed for extra storage, and an electrical box at the back deck already in place for a future hot tub. Additional features include a newer furnace (2022), newer roof (2022), gas dryer (2025) Conveniently located close to Highway 406, Highway 140, shopping, schools, and public transit, this home offers a great mix of comfort, practicality, and location — without the busy-street chaos. (id:66096)

Property Details

MLS®: 40837981
Property Type: Single Family
Zoning: RL1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 915 ft²
Frontage: 52 ft
Year Built: 1942
Storeys: 2
Style: Other
Basement: Partially finished, Full
Heating: Forced air
Cooling: Central air conditioning
Garage: Detached Garage
Ownership: Freehold
Property Tax

Rooms

Basement

Laundry room: 6'9'' x 7'2''
Utility room: 8'8'' x 12'2''
Recreation room: 22'0'' x 17'9''
3pc Bathroom: 6'11'' x 5'11''

Second level

3pc Bathroom: 6'11'' x 6'0''
Bedroom: 10'1'' x 12'4''
Bedroom: 12'10'' x 13'0''

Main level

Kitchen: 11'5'' x 11'0''
Living room: 13'9'' x 17'10''

Features

Appliances: Washer, Refrigerator, Stove, Dryer
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

149d

Welland listings, avg age

79d

Price / ft²

$443

List price

$405K

Haho

This 2-bed single family in Welland is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Royal LePage NRC Realty Inc. · Margo Wynhofen

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3B)

This home lists at $405,000, about 6.1× the local median household income of $66,500.

Carrying it typically needs a household income of about $79,111 (20% down, 25-yr amortization, stress-tested) — roughly 19% 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)

$405,000· $443/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,250

Min 5%50%

Mortgage payment$2,133/mo

↳ CMHC premium ($15,390 capitalized)

Property tax (est.)$217/mo

Total monthly$2,350

Cash Needed to Close

Down payment (5%)$20,250

Land transfer tax$4,575

Est. closing costs$3,715

Total cash needed$28,540

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