51 Fourth St
Welland, L3B 4X7
FOR SALE
$559,900
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BEDROOMS2
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Property Description
Huge Mortgage Helper* This property features two houses on one lot: a main house and a beautifully separate guest house/in-law suite/auxiliary apartment. Main House: Two-storey, 2 bedrooms, 1 bathroom 1,005 sq. ft. Full, high, dry basement Heated by a high-efficiency Keeprite furnace, Cooled by a 2-ton central air unit. Guest House: 2 bedrooms, 1 bathroom, 594 sq. ft., No basement, Steps to the garden, Heated by a gas space heater, Cooled by a window A/C unit. Both houses are exceptionally well cared for and maintained by excellent tenants. The property boasts outstanding landscaping on a deep, private lot, featuring a custom shed/man cave/workshop and a custom potting shed. *Be Creative with this Multi-Opportunity-One-of a-Kind Property - Possibility of Building a 4-Plex, 6-Plex, Multi-Family
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-08-16 | 2021-09-19 | 34 | $599,900 | $594,000 | Sold |
2021-08-16 | 2021-09-19 | 34 | $599,900 | $594,000 | Sold |
2024-04-03 | 2024-07-02 | 90 | $599,990 | - | Expired |
2018-09-04 | 2018-11-24 | 81 | $399,900 | - | Expired |
Extras
Breakers), 2 Separate Gas Meters. 2 Hwts Are Rentals. Two-Tier Rear Deck, Covered Front Veranda & Guest House Deck. Paved Double Drive Can Park 6 Cars. One Of A Kind Property, Shouldn't Be Missed. Live In One Rent Out The Other Or Rent Both
Property Features
Arts Centre, Clear View, Fenced Yard, Hospital, Library, Park
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
51' x 165'
Lot Irregularities
Huge Garden
Fronting
South
Taxes
$2,021 (2024)
Basement
Full, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 10.30' x 10.30' | W/O To Patio |
Bathroom | Main | 3.28' x 3.28' | 4 Pc Bath |
Living | Main | 15.29' x 23.06' | Combined W/Dining, Laminate |
Kitchen | Main | 9.48' x 23.06' | |
Living | Main | 12.30' x 11.55' | |
Br | Main | 9.22' x 13.22' | |
2nd Br | Main | 9.12' x 11.81' | |
Bathroom | Main | 3.28' x 3.28' | 4 Pc Bath |
Other | Main | 4.56' x 12.20' | |
Br | 2nd | 8.63' x 12.04' | |
Br | 2nd | 15.65' x 10.04' | |
Cold/Cant | Bsmt | 15.65' x 10.04' |
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Welland Market Statistics
Welland Price Trend
51 Fourth St is a 4-bedroom 2-bathroom home listed for sale at $559,900, which is $40,450 (7.8%) higher than the average sold price of $519,450 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Welland declined by $69,598 (11.8%) compared to the previous 30 day period (November 19 - December 18) and down $56,550 (9.8%) from the same time one year ago.Inventory Change
There were 24 4-bedroom homes listed in Welland over the last 30 days (December 19 - January 17), which is up 118.2% compared with the previous 30 day period (November 19 - December 18) and up 118.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Welland typically sold ($9,275) (1.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $12,478 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,133) 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 (December 19 - January 17) stood at 175.0%, down from 281.8% over the previous 30 days (November 19 - December 18) and up from 27.3% 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 31 days when successfully sold over the last 30 days (December 19 - January 17), compared to 81 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Gold Realty Inc.
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