Home with brick exterior material, street for 71 Commercial St, Welland Ontario L3B 5Y8
21 hours on Market

71 Commercial St, Welland, Ontario L3B 5Y8

Detached
3 + 2
2
~1100-1500 sqft
$545,000
Get pre-qualifiedPowered by nesto
Detached
3 + 2
2
~1100-1500 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$429/sqft

Est. Mortgage$2,341/mo

Tax Amount (2024)$3,121/yr

Days On Market21 hours


Description

Located in a desirable South Welland area, this updated 5-bedroom, 2-bath bungalow is ideal for multi-generational living or rental income. The main floor was renovated in 2021 and features modern finishes, new flooring, updated kitchen and bath, and convenient main-level laundry. The fully self-contained lower level, refreshed in 2023, offers its own entrance, full kitchen, bath, and two bedrooms perfect for in-laws, guests, or tenants. The backyard backs onto greenspace, great for pet owners and nature lovers. The garage has been converted to add living space but can be easily restored. Close to the Welland Canal, groceries, gyms, and more, this home offers flexibility and strong investment potential.


Property Details

StyleBungalow-Raised
View-
Age of property31-50
SqFt~1100-1500 SqFt
Lot Size3,300 SqFt(100 x 33)
Parking Spaces2
MLS ®NumberX12200275
Community NameCordage
Data SourceTRREB
Listing byRE/MAX ESCARPMENT GOLFI REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full

Main Floor

Kitchen

3.25 x 2.79

Dining

3.84 x 2.77

Living

4.39 x 3.45

Primary

3.38 x 3.17


Features

Lot size: 3,300 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX ESCARPMENT GOLFI REALTY INC., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Cordage

Geo Zone Map ThumbnailCordage

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2024

29 days

2023

35 days

2022

11 days

New Listings

Past 30 days

20 listings

Compared to

2024

22 listings

2023

9 listings

2022

16 listings

Units sold

Past 30 days

10 units

Compared to

2024

3 units

2023

4 units

2022

10 units

Median Sold Price

Past 30 days

$502,500

Compared to

2024

$460,000

2023

$426,000

2022

$547,500


Population and Demographics

Overview

Total population 5935
Average household income $84,653

Age (%)

50 to 64
22%
65 and plus
22%
20 to 34
20%
0 to 19
19%
35 to 49
18%

Household composition (%)

Single family
56%
Single person
39%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
81%
French
11%
Others
3%
English and French
2%
Italian
1%

House tenancy (%)

Owners
63%
Renters
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget