Home with vinyl exterior material, street for 237 Wallace Ave, Welland Ontario L3B 1R7
69 days on Market

237 Wallace Ave, Welland, Ontario L3B 1R7

Detached
4 + 1
3
~1658 sqft
$489,000
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Detached
4 + 1
3
~1658 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$294/sqft

Est. Mortgage$2,100/mo

Tax Amount (2024)$3,031/yr

Days On Market69 days


Description

Spacious, low maintenance and easy to maintain duplex, separate entrances with third suite in basement. The main floor 2 bedroom unit is recently painted, has new luxury vinyl plank flooring and is leased for $1,600/month. Upper 2 bedroom unit has an updated bathroom and is leased for $1,450/month. Lower unit is leased for $1,000/month. Great cash flowing property. Fully fenced in yard, asphalt driveway and double car detached garage. Conveniently located just minutes off the highway 406, nearby shopping, groceries, restaurants, pharmacy and more. Additional Rooms: Lower Laundry: 2.41 x 2.74 Lower Storage: 4.5 x 2.59


Property Details

StyleTwo Story
View-
Age of property-
SqFt~1658 SqFt
Lot Size4,500 SqFt(100 x 45)
Parking Spaces7
MLS ®Number40711171
Community NameEastdale
Data SourceITSO
Listing byKey Realty Team Inc., Brokerage

Features

Heating: Forced Air
Cooling: Window Unit(s)
Basement: Full, Partially Finished

Main Floor

Living Room

4.65 x 4.27

Kitchen

4.78 x 2.62

Bedroom

2.77 x 3.35

Bedroom Primary

2.90 x 3.81


Features

Lot size: 4,500 SqFt
Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 5

Total parking spaces 7


Property listed by Key Realty Team Inc., Brokerage, Brokerage
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Market Data - Eastdale

Geo Zone Map ThumbnailEastdale

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2024

15 days

2023

28 days

2022

19 days

New Listings

Past 30 days

13 listings

Compared to

2024

12 listings

2023

9 listings

2022

16 listings

Units sold

Past 30 days

4 units

Compared to

2024

6 units

2023

12 units

2022

14 units

Median Sold Price

Past 30 days

$517,500

Compared to

2024

$425,000

2023

$445,000

2022

$544,950


Population and Demographics

Overview

Total population 1849
Average household income $82,698

Age (%)

65 and plus
24%
50 to 64
22%
20 to 34
20%
0 to 19
18%
35 to 49
17%

Household composition (%)

Single family
55%
Single person
41%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
76%
French
14%
Italian
3%
English and French
3%
Others
2%
Spanish
1%

House tenancy (%)

Owners
57%
Renters
43%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget