24 Cross St
Welland, L3B 3G1
FOR SALE
$1,399,000
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BEDROOMS2
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Property Description
MULTI-USE COMMERCIAL STOREFRONT W/FULL RESIDENCE ABOVE ... Located in a trendy region of downtown Welland in a great, convenient location amongst the hustle and bustle of the city, shopping, dining, entertainment, public transit, Welland Canal, and everything else you could desire, find 24 Cross Street. The current shop has successfully been in operation for more than 50 years! At one time two separate storefronts (4 separate hydro metres), there are a variety of uses allowed in this commercial/multi use location. Commercial space has been immaculately maintained and there is plenty of room to customize your workspace. This FANTASTIC OPPORTUNITY also comes with accommodations (or income potential) ~ A FULL & SPACIOUS 3 bedroom, 1 bathroom, 1786 sq ft APARTMENT above, full of charm and character original wood work, pocket doors, skylight & more! Boasting an OPEN CONCEPT living area, featuring a MODERN kitchen with granite peninsula with breakfast bar, dinette, living room, formal dining room, full laundry/utility room, and 3 large bedrooms, this apartment has everything you need and more. BONUS parking for 4-5 cars plus school bus stop is right out front! Don't miss the amazing opportunity! CLICK ON MULTIMEDIA for virtual tour, floor plan & more.
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Property Features
Marina, Place Of Worship, Public Transit, Rec Centre, River/Stream, School Bus Route
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
31' x 66'
Fronting
East
Taxes
$6,182 (2024)
Basement
Unfinished
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Other | Main | 45.41' x 13.16' | |
Other | Main | 43.41' x 13.16' | |
Office | Main | 12.93' x 9.15' | |
Other | Main | 10.83' x 82.55' | Closet |
Breakfast | 2nd | 9.84' x 8.83' | |
Kitchen | 2nd | 11.68' x 12.76' | |
Living | 2nd | 15.49' x 12.76' | |
Dining | 2nd | 18.24' x 13.09' | |
Br | 2nd | 10.40' x 12.76' | |
Br | 2nd | 12.24' x 12.76' | |
Prim Bdrm | 2nd | 11.52' x 13.09' | W/I Closet |
Laundry | 2nd | 15.68' x 13.09' |
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Welland Market Statistics
Welland Price Trend
24 Cross St is a 3-bedroom 2-bathroom home listed for sale at $1,399,000, which is $876,308 (167.7%) higher than the average sold price of $522,692 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Welland declined by $72,211 (12.1%) compared to the previous 30 day period (September 22 - October 21) and down $45,593 (8.0%) from the same time one year ago.Inventory Change
There were 41 3-bedroom homes listed in Welland over the last 30 days (October 22 - November 20), which is up 24.2% compared with the previous 30 day period (September 22 - October 21) and up 64.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($10,938) (2.1%) below asking price over the last 30 days (October 22 - November 20), which represents a $3,736 increase compared to the previous 30 day period (September 22 - October 21) and ($16,614) 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 (October 22 - November 20) stood at 2,280.5%, up from 93.9% over the previous 30 days (September 22 - October 21) and up from 28.0% 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 20 days when successfully sold over the last 30 days (October 22 - November 20), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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