362 Gatfield Ave
Welland, L3B 5B2
FOR SALE
$589,900
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BEDROOMS2
BATHROOMS2
KITCHENS10
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Property Description
Welcome to this beautifully updated bungalow, nestled in the vibrant community of Welland. This home boasts a prime location within walking distance to grocery stores, gyms, take-out restaurants, drug stores, Tim Hortons, public playgrounds, and public transit. With easy access to the 406, commuting is a breeze. This bungalow features significant updates that ensure peace of mind for years to come. The foundation was waterproofed in 2009, while the roof was replaced in 2013. Enjoy the comfort of a new A/C unit from 2018 and an upgraded electrical panel (2020) that provides safety and efficiency. The garage saw improvements in 2022, including updated electrical work, while the furnace and chimney were serviced in 2022 as well. Step inside to discover a beautifully remodeled upstairs bathroom (2021) and a stunning kitchen remodel completed in 2022. With a separate entrance to The generous full basement transformed in 2023, complete with its own kitchen, bathroom and bedroom, making it an ideal space for an in-law suite. Modern amenities like Nest combination detectors and a thermostat enhance your living experience. The laundry room was updated in 2021, and exterior smart features such as timers and smart switches add to the homes appeal. With a spacious full 2-car garage and all the conveniences nearby, this home is a true gem waiting for you to call it your own!
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
40' x 100'
Fronting
North
Taxes
$2,976 (2024)
Basement
Fin W/O, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.01' x 12.99' | |
| Kitchen | Main | 12.04' x 13.98' | |
| Br | Main | 10.33' x 12.01' | |
| 2nd Br | Main | 10.60' x 11.52' | |
| 3rd Br | Main | 9.09' x 10.99' | |
| Bathroom | Main | 6.99' x 8.01' | , 4 Pc Bath |
| Kitchen | Bsmt | 14.99' x 12.70' | |
| Living | Bsmt | 13.19' x 12.70' | |
| Br | Bsmt | 11.19' x 11.19' | |
| Bathroom | Bsmt | 6.10' x 6.99' |
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Welland Market Statistics
Welland Price Trend
362 Gatfield Ave is a 4-bedroom 2-bathroom home listed for sale at $589,900, which is $53,242 (8.3%) lower than the average sold price of $643,142 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Welland increased by $898 (0.1%) compared to the previous 30 day period (July 22 - August 20) and down $87,733 (12.0%) from the same time one year ago.Inventory Change
There were 30 4-bedroom homes listed in Welland over the last 30 days (August 21 - September 19), which is up 87.5% compared with the previous 30 day period (July 22 - August 20) and up 114.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Welland typically sold ($15,874) (2.5%) below asking price over the last 30 days (August 21 - September 19), which represents a $3 decrease compared to the previous 30 day period (July 22 - August 20) and ($32,639) 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 4-bedroom homes in Welland over the last 30 days (August 21 - September 19) stood at 466.7%, down from 1,762.5% over the previous 30 days (July 22 - August 20) and up from 57.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Welland stood at 54 days when successfully sold over the last 30 days (August 21 - September 19), compared to 126 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Advantage Real Estate
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