61 Commercial St
773 - Lincoln/Crowland, Welland, L3B 2P3
FOR SALE
$549,000
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 5
ROOMSX11959913
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Property Description
SINGLE FAMILY HOME OR 2 UNITS - your choice! This all-brick bungalow offers approximately 2250 square feet of finished living space, making it a versatile investment. The main floor features a spacious kitchen, a bright living room with LVP flooring, 3 bedrooms and a 4-piece bath. A side separate entrance leads to the fully finished lower level which includes a large open-concept living room, kitchen, 2 additional bedrooms, a 4-piece bath, two separate laundry areas, and bonus storage space. The attached single garage has ample storage & parking. The fully fenced yard provides plenty of privacy. This flexible floor plan is perfect for multi generational living or renting out one left to help offset mortgage costs. Conveniently located near shopping and more, this home combines comfort and practicality. OPPORTUNITY KNOCKS, MAKE THE RIGHT MOVE!
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Property Features
Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 100'
Fronting
East
Taxes
$3,138 (2024)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 10.50' x 18.70' | |
Living | Main | 13.45' x 20.01' | |
Br | Main | 8.20' x 10.50' | |
Br | Main | 10.83' x 10.50' | |
Br | Main | 12.47' x 12.14' | |
Br | Lower | 7.87' x 11.15' | |
Br | Lower | 9.51' x 14.44' | |
Kitchen | Lower | 24.51' x 22.97' | Combined W/Living |
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Welland Market Statistics
Welland Price Trend
61 Commercial St is a 3-bedroom 2-bathroom home listed for sale at $549,000, which is $91,875 (14.3%) 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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