40 Northwood Dr
767 - N. Welland, Welland, L3C 6R9
FOR SALE
$599,900
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS8 + 3
ROOMSX12020877
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Property Description
Location, location, location! Situated in a wonderful subdivision in the heart of Welland, this property is truly the epitome of a family home. With three finished levels, four bedrooms, two bathrooms and a separate entrance to the lower level from the backyard, all positioned on 60 by 110-foot lot backing onto a park - opportunity is knocking here! Having been owned by the same family for many years, this home has been lovingly maintained and is the place where many cherished memories have been created. As you make your way through the property, it is easy to identify that this home has been carefully thought out and crafted. From the interior access to the garage to the sliding glass door that provides direct access to the backyard from the kitchen, living here will be convenient and make a whole lot of sense. The expansive front foyer sets the tone for the home and flows effortlessly into the remainder of the main level. The oversized living room is positioned at the front of the home and sits adjacent to the dining room. Beyond the dining room is the fabulous eat-in kitchen that provides the perfect spot for the kids to have breakfast as you are preparing for the day ahead. Off the sliding glass door is a deck - this area will surely be the place where many family barbecues are enjoyed. The second level welcomes you with an exceptionally wide landing and is home to three expansive bedrooms, as well as 4-piece bath with ensuite privilege. As a true treat, the primary bedroom features a walk-in closet and pleasant views of the gorgeous backyard. The lower level continues to impress with a large recreation room, fourth bedroom and a 2-piece bath, all with a separate entrance to the backyard. Featuring a stunning wood burning fireplace, the recreation room provides a wonderful spot to capture plenty of cozy family time. Additionally, the fourth level is unfinished and offers plenty of space for storage. You're invited to make 40 Northwood Drive your address!
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Property Features
Fenced Yard, Golf, Hospital, Park, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 110'
Acreage
< .50
Fronting
East
Taxes
$4,636 (2024)
Basement
Full, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 8.17' x 5.41' | |
| Living | Main | 9.84' x 16.17' | |
| Dining | Main | 10.17' x 8.83' | |
| Kitchen | Main | 9.74' x 16.08' | Eat-In Kitchen |
| Br | 2nd | 11.15' x 8.92' | |
| Br | 2nd | 9.68' x 10.99' | |
| Prim Bdrm | 2nd | 10.50' x 14.83' | |
| Bathroom | 2nd | 8.76' x 7.25' | 4 Pc Bath |
| Rec | Lower | 12.93' x 21.92' | |
| Br | Lower | 11.58' x 14.50' | |
| Bathroom | Lower | 3.25' x 8.23' |
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Welland Market Statistics
Welland Price Trend
40 Northwood Dr is a 3-bedroom 2-bathroom home listed for sale at $599,900, which is $40,975 (6.4%) lower than the average sold price of $640,875 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Welland increased by $74,907 (13.2%) compared to the previous 30 day period (December 22 - January 20) and up $90,875 (16.5%) from the same time one year ago.Inventory Change
There were 63 3-bedroom homes listed in Welland over the last 30 days (January 21 - February 19), which is down 6.0% compared with the previous 30 day period (December 22 - January 20) and up 215.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($21,878) (3.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,692 decrease compared to the previous 30 day period (December 22 - January 20) and ($22,900) 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 (January 21 - February 19) stood at 31.7%, up from 23.9% over the previous 30 days (December 22 - January 20) and down from 65.0% 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 54 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc., Brokerage
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