544 FIRST Ave
Welland, L3C 1Z3
FOR SALE
$614,900
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3 + 4
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 6
ROOMSX9247181
MLSIDContact Us
Property Description
Welcome to this exceptional semi-detached back split home, ideally situated directly across from Niagara College Welland Campus. This versatile property boasts 7 spacious bedrooms, with 3 on the upper floor and 4 in the basement. Each level features its own kitchen, making it perfect for a large family or an ideal investment opportunity with significant rental potential. The basement, equipped with a separate entrance and dedicated laundry facilities, ensures convenience and privacy for tenants or extended family members. The home showcases a charming bungalow-style exterior, combining the durability of brick with the low-maintenance appeal of vinyl siding. Inside, you'll find generously sized living areas, well-appointed kitchens, and ample storage space. The property's prime location, directly opposite the college, makes it highly attractive to students and faculty, ensuring a steady stream of potential renters. Whether you're an investor looking for a property with positive cash flow or a family in need of ample living space, this home offers the perfect solution. Don't miss out on this incredible opportunity to own a versatile, income-generating property in a highly sought-after location. Schedule your viewing today and see the potential for yourself!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-07 | 2024-08-07 | 92 | $614,900 | - | Expired |
| 2024-02-07 | 2024-05-06 | 90 | $624,900 | - | Expired |
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Property Details
Street
City
Property Type
Semi-Detached, Backsplit 3
Lot Size
30' x 12'
Fronting
West
Taxes
$3,356 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.17' x 10.40' | |
| Living | Main | 14.50' x 12.60' | |
| Dining | Main | 14.17' x 8.33' | |
| Prim Bdrm | Upper | 12.50' x 10.33' | |
| 2nd Br | Upper | 10.33' x 9.09' | |
| 3rd Br | Upper | 12.40' x 8.33' | |
| Kitchen | Lower | 10.33' x 8.33' | |
| Rec | Lower | 13.32' x 11.75' | |
| 4th Br | Lower | 14.67' x 9.09' | |
| 5th Br | Lower | 11.68' x 8.92' | |
| Br | Lower | 16.24' x 8.99' | |
| Br | Lower | 14.07' x 7.91' |
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Welland Market Statistics
Welland Price Trend
544 FIRST Ave is a 3-bedroom 2-bathroom home listed for sale at $614,900, which is $39,730 (6.9%) higher than the average sold price of $575,170 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Welland declined by $1,806 (0.3%) compared to the previous 30 day period (July 22 - August 20) and down $16,258 (2.7%) from the same time one year ago.Inventory Change
There were 49 3-bedroom homes listed in Welland over the last 30 days (August 21 - September 19), which is up 36.1% compared with the previous 30 day period (July 22 - August 20) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($14,327) (2.5%) below asking price over the last 30 days (August 21 - September 19), which represents a $1 decrease compared to the previous 30 day period (July 22 - August 20) and ($12,380) 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 3-bedroom homes in Welland over the last 30 days (August 21 - September 19) stood at 1,320.4%, down from 3,611.1% over the previous 30 days (July 22 - August 20) and up from 75.0% 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 19 days when successfully sold over the last 30 days (August 21 - September 19), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Diamonds Realty Inc.
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This Home Has Been A Place Of Joy And Comfort For The Last 17 Years, Meticulously Maintained By It's Owners Who Have Poured Their Hearts Into Making It An Ideal Setting For Creating Lasting Family Memories, With A Warm, Welcoming Atmosphere. 3 Well-Lit And Spacious Bedrooms, 1.5 Bathrooms: Includes A Pristine Full Bathroom And A Convenient Half-Bathroom, Ideal For Busy Family Mornings. A Versatile Finished Basement Space Perfect For A Family Room, Play Area, Home Office, Entertainment Space, OR Another Bedroom!! This House Is Not Short On Storage, Ample Space In The Basement Laundry Room To Organize All Your Extras. A Large Backyard Featuring A Deck, Perfect For Outdoor Dining And Relaxation. The Yard Is Spacious Enough For A Trampoline & Pool, Making It Ideal For Children's Activities And Summer Fun, Family BBQ's, And Gardening!!
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