306 Netherby Rd

Welland, L2B 5N7
FOR SALE
$739,900
306 Netherby Rd, Welland
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
306 Netherby Rd
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X9305208
MLSID
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Property Description
Welcome to this exceptional 3.58-acre property in Welland, zoned GEC (Gateway Economic Center), offering an incredible range of uses. Whether you're looking to establish a hobby farm/homestead, food production facility, light or heavy industrial operations, greenhouses, storage, trucking services, this versatile property can accommodate your vision. The land currently features a detached bungalow with 2 bedrooms and 1 bath, ready for your renovation expertise. Additional structures include a detached garage, barn, and shed. Unlock the full potential of this expansive property. Contact your agent today for a complete list of permitted uses and start planning your next venture!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-17 2024-08-31 75 $879,900 - Expired
2020-09-16 2020-10-02 16 $549,900 $555,000 Sold
Property Features
Clear View, Wooded/Treed
Property Details
Property Type
Detached, Bungalow
Lot Size
188' x 824'
Acreage
2-4.99
Fronting
North
Taxes
$4,077 (2023)
Basement
Full, Unfinished
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.17' x 23.82'
LivingMain12.99' x 18.01'
Prim BdrmMain8.76' x 12.01'
2nd BrMain9.09' x 10.07'
Welland Market Statistics
Welland Price Trend
306 Netherby Rd is a 2-bedroom 1-bathroom home listed for sale at $739,900, which is $266,218 (56.2%) higher than the average sold price of $473,682 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Welland declined by $1,988 (0.4%) compared to the previous 30 day period (July 22 - August 20) and down $172,568 (26.7%) from the same time one year ago.
Inventory Change
There were 14 2-bedroom homes listed in Welland over the last 30 days (August 21 - September 19), which is up 27.3% compared with the previous 30 day period (July 22 - August 20) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($9,687) (2.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $119 decrease compared to the previous 30 day period (July 22 - August 20) and ($8,200) 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 (August 21 - September 19) stood at 1,978.6%, down from 5,018.2% over the previous 30 days (July 22 - August 20) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Welland stood at 24 days when successfully sold over the last 30 days (August 21 - September 19), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real Broker Ontario Ltd
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