131 Dunkirk Rd

FOR SALE
$529,900
131 Dunkirk Rd, Welland
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
131 Dunkirk Rd
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 5
ROOMS
X11974620
MLSID
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Property Description
Welcome to 131 Dunkirk Road, a place of opportunity. The city of Welland is home to this newly renovated property that is move-in ready and requires no updating, allowing for a smooth transition whether you're planning to live in one unit or lease both. Both homeowners and investors will find this exceptional listing to be a great investment. With two distinct living areas and a well-kept home, it provides flexibility for possible multigenerational families, allowing separate living spaces while still being close together. The current main level tenant has been occupying the unit since August 2023, providing peace of mind for any investor looking for immediate returns. This property is ideally positioned to capitalize on Welland's strong rental demand, making it a great addition to any real estate portfolio. For investors seeking a property with a strong return on investment or anyone else searching for a home with additional income potential, this house is ideal. This prime location at 131 Dunkirk Road offers unmatched convenience. Schools, markets, and parks are all within walking distance, making this property a perfect fit for a variety of homebuyers. Whether you're a young family seeking easy access to education and recreational spaces, a professional couple who values proximity to amenities, or an investor looking to appeal to a broad range of potential tenants, this location has it all. Don't pass up this exceptional chance to acquire a multipurpose property in the city of Welland.
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
40' x 95'
Fronting
West
Taxes
$2,688 (2024)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding, Shingle
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain9.65' x 18.47'
LivingMain17.65' x 20.83'
BrMain15.65' x 16.83'
2nd BrMain7.97' x 16.47'
Welland Market Statistics
Welland Price Trend
131 Dunkirk Rd is a 2-bedroom 2-bathroom home listed for sale at $529,900, which is $64,064 (10.8%) lower than the average sold price of $593,964 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Welland increased by $133,714 (29.1%) compared to the previous 30 day period (December 22 - January 20) and up $120,814 (25.5%) from the same time one year ago.
Inventory Change
There were 25 2-bedroom homes listed in Welland over the last 30 days (January 21 - February 19), which is down 7.4% compared with the previous 30 day period (December 22 - January 20) and up 127.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($16,628) (2.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,916 decrease compared to the previous 30 day period (December 22 - January 20) and ($13,750) less 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 2-bedroom homes in Welland over the last 30 days (January 21 - February 19) stood at 56.0%, up from 29.6% over the previous 30 days (December 22 - January 20) and down from 90.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Welland stood at 52 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd., Brokerage
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