20 Patricia Ave
Welland, L3C 1E8
FOR SALE
$599,000
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 2
ROOMSX9357290
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Property Description
This legal duplex is a 4-level backsplit located on a quiet dead-end street, and is surrounded by an array of amenities. The upper unit has an open-concept main floor layout with 3 bedrooms and a bathroom located on the upper level. The lower unit has an abundance of natural light and is a 2 bedroom apartment complete with stainless steel appliances, and a stackable washer and dryer. The furnace and AC are only 2 years, and the lower unit is rented at market rent plus hydro. Take advantage of this great opportunity to own multigenerational home or investment property in one of the most desirable areas of Welland.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-04 | 2023-09-26 | 84 | $609,900 | - | Expired |
Property Features
Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
City
Property Type
Duplex, Backsplit 4
Approximate Sq.Ft.
700-1100
Lot Size
37' x 114'
Acreage
< .50
Fronting
East
Taxes
$3,572 (2024)
Basement
Fin W/O
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.99' x 18.08' | |
| Living | Main | 12.01' x 15.68' | Bay Window, Fireplace |
| Br | 2nd | 10.01' x 14.50' | |
| Br | 2nd | 8.92' x 12.60' | |
| Br | 2nd | 8.33' x 8.99' | |
| Family | Lower | 16.01' x 23.88' | , Fireplace |
| Rec | Lower | 20.01' x 21.00' |
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Welland Market Statistics
Welland Price Trend
20 Patricia Ave is a 3-bedroom 2-bathroom home listed for sale at $599,000, which is $23,830 (4.1%) higher than the average sold price of $575,170 in the last 30 days (August 22 - September 20). During the last 30 days the average sold price for a 3 bedroom home in Welland declined by $1,806 (0.3%) compared to the previous 30 day period (July 23 - August 21) and down $18,830 (3.2%) from the same time one year ago.Inventory Change
There were 47 3-bedroom homes listed in Welland over the last 30 days (August 22 - September 20), which is up 23.7% compared with the previous 30 day period (July 23 - August 21) and up 62.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($14,327) (2.5%) below asking price over the last 30 days (August 22 - September 20), which represents a $1 decrease compared to the previous 30 day period (July 23 - August 21) and ($14,300) 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 3-bedroom homes in Welland over the last 30 days (August 22 - September 20) stood at 1,376.6%, down from 3,421.1% over the previous 30 days (July 23 - August 21) and up from 69.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Welland stood at 19 days when successfully sold over the last 30 days (August 22 - September 20), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Advantage Real Estate
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