558 FIRST Ave
767 - N. Welland, Welland, L3C 1Z3
FOR SALE
$499,900
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS7 + 3
ROOMSX10989236
MLSIDContact Us
Property Description
***Amazing investment opportunity*** Welcome to this charming 3 + 1 bedroom, 2-bath semi-detached single-family home, ideally located in a highly sought-after, family-friendly neighbourhood of Welland and across the street from Niagara College. This well-maintained home offers a spacious and functional layout, perfect for families or investment. The main floor features a bright living and dining area, the updated kitchen offers plenty of counter space and modern appliances for your cooking needs. The home boasts three generous bedrooms, plus 2 additional bonus rooms in the lower level with large windows that can serve as a bedrooms, home office, or playroom/rec-room. With two full bathrooms, this home provides ample space and convenience for daily living or renting. Outside, enjoy a private backyard fully fenced and plenty of parking. A fantastic location near The College, schools, the YMCA, parks, shopping, and public transit. Whether you're going to school or exploring local amenities, everything you need is just a short distance away. This home combines comfort, convenience, and space don't miss the opportunity to make it yours!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-06 | 2024-11-26 | 20 | $549,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Semi-Detached, Bungalow
Lot Size
30' x 120'
Acreage
< .50
Fronting
East
Taxes
$3,446 (2024)
Basement
Sep Entrance, Walk-Up
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Other
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.98' x 15.98' | |
| Dining | Main | 8.99' x 10.99' | |
| Kitchen | Main | 9.48' x 10.56' | |
| Br | Main | 9.22' x 10.99' | |
| Br | Main | 8.99' x 10.99' | |
| Br | Main | 10.83' x 11.48' | |
| Rec | Bsmt | 11.32' x 15.98' | |
| Bathroom | Main | 9.94' x 9.25' | , 4 Pc Bath |
| Bathroom | Bsmt | 10.99' x 10.01' | |
| Br | Bsmt | 10.99' x 10.01' |
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Welland Market Statistics
Welland Price Trend
558 FIRST Ave is a 3-bedroom 2-bathroom home listed for sale at $499,900, which is $19,128 (3.7%) lower than the average sold price of $519,028 in the last 30 days (November 4 - December 3). During the last 30 days the average sold price for a 3 bedroom home in Welland declined by $110,553 (17.6%) compared to the previous 30 day period (October 5 - November 3) and down $70,972 (12.0%) from the same time one year ago.Inventory Change
There were 36 3-bedroom homes listed in Welland over the last 30 days (November 4 - December 3), which is up 16.1% compared with the previous 30 day period (October 5 - November 3) and up 56.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($10,810) (2.1%) below asking price over the last 30 days (November 4 - December 3), which represents a $8,067 increase compared to the previous 30 day period (October 5 - November 3) and ($24,425) 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 (November 4 - December 3) stood at 2,544.4%, up from 158.1% over the previous 30 days (October 5 - November 3) and up from 26.1% 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 (November 4 - December 3), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd., Brokerage
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Welcome to this versatile and spacious property in a prime Welland location! Situated on an oversized corner lot, this home offers exceptional value with 3 bedrooms on the main level and an open-concept living and dining space-perfect for family gatherings and entertaining. A separate entry leads to the finished basement, which features an additional 3 bedrooms, offering endless possibilities for extended family, a rental suite, or a home office setup. Convenience meets lifestyle with this homes proximity to shopping, schools, and highway access, ensuring you're never far from the essentials. Whether you're a growing family or an investor, this property checks all the boxes.
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