160 Commercial St
Welland, L3B 5Z3
FOR SALE
$549,900
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Property Description
Attention all first-time home buyers, down-sizers, & investors! This one of a kind opportunity in the growing Niagara Region is located in a family friendly neighbourhood of Welland, the "Rose City". Situated on a 33x100 foot lot, this home features an open-concept layout connecting all living areas effortlessly with an abundance of natural light filling this cozy home. Three spacious bedrooms include large windows and individual closets, with access to the 4pc bath on the main level. The bright & sun-filled kitchen features plenty of counter-space & seamlessly transitions into the living & dining areas. The front of the property includes a porch & large driveway, while also featuring a generously sized private backyard in the rear! A separate entrance on the side of the home allows for the potential of a future bsmt apartment. Close to Amenities, Schools, Shopping, Parks & a short distance to the Heart of Niagara Falls!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-07 | 2023-10-02 | 25 | $534,900 | - | Terminated |
| 2021-08-04 | 2021-08-06 | 2 | $429,900 | $422,500 | Sold |
Extras
Don't delay on this amazing opportunity to call this home! Located on a quiet street in a family friendly neighbourhood!
Property Features
Hospital, Park, School
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
33' x 100'
Fronting
West
Taxes
$3,075 (2023)
Basement
Sep Entrance, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.68' x 16.44' | Open Concept, W/O To Patio, Combined W/Dining |
| Dining | Main | 8.96' x 9.22' | Open Concept, Combined W/Kitchen, Large Window |
| Kitchen | Main | 8.99' x 9.97' | B/I Dishwasher, Window, Open Concept |
| Prim Bdrm | Main | 10.20' x 11.81' | Large Window, Large Closet, Broadloom |
| 2nd Br | Main | 8.89' x 8.79' | Broadloom, Closet, Window |
| 3rd Br | Main | 8.89' x 7.87' | Window, Closet, Broadloom |
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Welland Market Statistics
Welland Price Trend
160 Commercial St is a 3-bedroom 1-bathroom home listed for sale at $549,900, which is $85,209 (13.4%) lower than the average sold price of $635,109 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Welland increased by $53,184 (9.1%) compared to the previous 30 day period (February 26 - March 26) and up $29,059 (4.8%) from the same time one year ago.Inventory Change
There were 30 3-bedroom homes listed in Welland over the last 30 days (March 27 - April 25), which is down 23.1% compared with the previous 30 day period (February 26 - March 26) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($11,081) (1.7%) below asking price over the last 30 days (March 27 - April 25), which represents a $1,363 decrease compared to the previous 30 day period (February 26 - March 26) and ($19,810) 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 3-bedroom homes in Welland over the last 30 days (March 27 - April 25) stood at 106.7%, up from 69.2% over the previous 30 days (February 26 - March 26) and up from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Welland stood at 20 days when successfully sold over the last 30 days (March 27 - April 25), compared to 113 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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