409 FIRST Ave
767 - N. Welland, Welland, L3C 5R3
FOR SALE
$449,900
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3 + 2
BEDROOMS2
BATHROOMS1
KITCHENS7 + 5
ROOMSX11825241
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Property Description
409 First Ave is an excellent opportunity for investors and families alike! Spectacular location with an affordable price!!! Located in North Welland, steps away from Niagara College, this 5 bed, 2 bath semi-detached side split has a separate side entrance, and parking for 3 cars. With its versatile layout, you can live in the upper level and rent out rooms in the lower level, use it as an InLaw Suite or rent out the whole house! (Upper level: 3 bedrooms, bathroom, kitchen, living room, dining room, separate entrance. Lower level: 2 bedrooms, bathroom, partial kitchen, laundry, furnace room and Separate entrance!) Updates include: upstairs carpets, paint and mostly vinyl windows (all except basement). As an added bonus, this home has a beautiful, long-lasting, decorative-style, steel roof to protect your investment! Truly a spectacular location.... Just down the street from Niagara College, on the bus route to Brock University and all the other surrounding schools. Quick drive to HWY 406 and HWY 20. This is truly a smart investment for families and investors. Come see it before it's gone!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-13 | 2024-11-30 | 78 | $449,900 | - | Expired |
Property Features
Golf
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Property Details
Street
Community
City
Property Type
Semi-Detached, Backsplit 4
Approximate Sq.Ft.
700-1100
Lot Size
33' x 112'
Acreage
< .50
Fronting
West
Taxes
$2,941 (2024)
Basement
Sep Entrance, Walk-Up
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Other
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.01' x 14.76' | |
| Kitchen | Main | 8.92' x 10.07' | |
| Dining | Main | 8.33' x 12.40' | |
| Br | 2nd | 8.43' x 11.32' | |
| Prim Bdrm | 2nd | 10.40' x 11.42' | |
| Br | 2nd | 8.01' x 10.50' | |
| Br | Lower | 8.23' x 14.17' | |
| Br | Lower | 10.07' x 12.60' |
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Welland Market Statistics
Welland Price Trend
409 FIRST Ave is a 3-bedroom 2-bathroom home listed for sale at $449,900, which is $28,576 (6.8%) higher than the average sold price of $421,324 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Welland declined by $28,370 (6.3%) compared to the previous 30 day period (November 19 - December 18) and down $115,342 (21.5%) from the same time one year ago.Inventory Change
There were 65 3-bedroom homes listed in Welland over the last 30 days (December 19 - January 17), which is up 195.5% compared with the previous 30 day period (November 19 - December 18) and up 400.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($4,795) (1.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $988 increase compared to the previous 30 day period (November 19 - December 18) and ($21,033) 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 (December 19 - January 17) stood at 253.8%, down from 472.7% over the previous 30 days (November 19 - December 18) and up from 69.2% 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 21 days when successfully sold over the last 30 days (December 19 - January 17), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Heritage House Ltd
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