#110 529 South Pelham Road, Welland (West Welland), Ontario, L3C3C7

For saleJust listed

5 days ago

$459K

#110 529 South Pelham Road, Welland (West Welland), Ontario, L3C3C7

2 bd2 ba1 pk1,100 ft²+$510/mo

Listed by ROYAL LEPAGE NRC REALTY

#306 529 South Pelham Road, Welland (West Welland), Ontario, L3C0H7

For salePrice drop

100 days ago

$450K$468K

↓ $18K (4%) price drop

#306 529 South Pelham Road, Welland (West Welland), Ontario, L3C0H7

2 bd2 ba1 pk1,100 ft²+$490/mo

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Investment analysis

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$474,900

Welland

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$474,900

For sale

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#304 529 South Pelham Road, Welland (West Welland) - Single Family for Sale

#304 529 South Pelham Road, Welland (West Welland), Ontario, L3C0H7

2 beds2 baths1 parking950 ft²$510/mo condo feeListed 47 days ago

Overview

This 2-bedroom, 2-bathroom condo in Welland is for sale offering roughly 950 sq ft of space. Its $474,900 asking price sits right in line with the $459,000 median in Welland. It has been on the market 47 days, fresher than the Welland average of 72 days.

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

Description

Modern Condo living at Mapleview Terrace. This 3-Storey building was constructed by a local builder using Insulated Concrete Forms (ICF) ensuring a sound proof and energy efficient living space. Unit #304 offers top floor, 2 bedrooms, 2 bathrooms and a balcony off the living room that Is overlooking landscaped grounds, ideal for your morning coffee or evening cocktails. With ceilings just shy of 9', upgraded lighting and In-Suite Laundry with storage this unit has it all! Modern interior design and conveniently located minutes to all that the Niagara Region has to offer. Assigned locker for additional storage and assigned parking and spectacular Social Room for those big family get togethers. Check this one out ! (id:66096)

Property Details

MLS®: X13802064
Property Type: Single Family
Zoning: RH-74, RL1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $510/mo
Fee Includes: Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,161.36/yr
Listed: 47 days ago

Features

Exterior: Brick Veneer
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

Welland (West Welland) listings, avg age

72d

Price / ft²

$500

List price

$475K

Haho

This 2-bed single family in Welland (West Welland) has been listed for 47 days, which is 25 days fresher than the city average of 72. Act while there is still low competition.

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Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE · Frank Spano

Location

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Nearby Places

Area context

Neighbourhood profile (L3C)

This home lists at $474,900, about 6.0× the local median household income of $78,500.

Carrying it typically needs a household income of about $92,765 (20% down, 25-yr amortization, stress-tested) — roughly 18% above 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)

$474,900· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,745

Min 5%50%

Mortgage payment$2,501/mo

↳ CMHC premium ($18,046 capitalized)

Property tax (est.)$347/mo

Condo fee$510/mo

Total monthly$3,358

Cash Needed to Close

Down payment (5%)$23,745

Land transfer tax$5,973

Est. closing costs$3,925

Total cash needed$33,643

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