1040 Ontario Rd

FOR SALE
$469,000
1040 Ontario Rd, Welland
1040 Ontario Rd
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4
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X11885325
MLSID
Contact Us
Property Description
Welcome to 1040 Ontario Rd! This charming 1.5-storey home, complete with a detached garage, is set on an impressive lot with over 300 feet of depth. Inside, you'll find two bedrooms and a full 4-piece bathroom on the main floor, with an additional two bedrooms located upstairs. The unfinished lower level offers plenty of potential to create additional living space or storage. Ideally located within walking distance of Diamond Trail Public School and close to grocery stores, pharmacies, restaurants, and more, this home combines convenience with opportunity. Don't miss your chance to make it yours!
Property Features
Hospital, Park, Public Transit, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
45' x 323'
Fronting
South
Taxes
$2,688 (2024)
Basement
Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
BrMain11.42' x 10.50'
KitchenMain9.15' x 13.16'
DiningMain9.42' x 9.42'
LivingMain12.99' x 10.83'
BrMain9.25' x 9.48'
BrUpper11.09' x 10.99'
BrUpper11.09' x 9.22'
Welland Market Statistics
Welland Price Trend
1040 Ontario Rd is a 4-bedroom 1-bathroom home listed for sale at $469,000, which is $36,290 (7.2%) lower than the average sold price of $505,290 in the last 30 days (December 10 - January 8). During the last 30 days the average sold price for a 4 bedroom home in Welland declined by $69,691 (12.1%) compared to the previous 30 day period (November 10 - December 9) and up $6,290 (1.3%) from the same time one year ago.
Inventory Change
There were 13 4-bedroom homes listed in Welland over the last 30 days (December 10 - January 8), which is down 18.8% compared with the previous 30 day period (November 10 - December 9) and up 44.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Welland typically sold $8,329 (1.6%) above asking price over the last 30 days (December 10 - January 8), which represents a $19,042 increase compared to the previous 30 day period (November 10 - December 9) and ($13,200) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Welland over the last 30 days (December 10 - January 8) stood at 476.9%, down from 1,100.0% over the previous 30 days (November 10 - December 9) and up from 22.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Welland stood at 27 days when successfully sold over the last 30 days (December 10 - January 8), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Coldwell Banker Advantage Real Estate Inc, Brokerage
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