69 Park St

FOR SALE
$524,900
69 Park St, Welland
69 Park St
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2 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
9 + 4
ROOMS
X11946313
MLSID
Contact Us
Property Description
Multi-usage property, newly renovated, with lots of value. This single family home was once 3 bedrooms, 2 bathrooms. Presently used as a up/down DUPLEX with two fully separated units. Separate side door entrance to the MAIN FLOOR featuring a full kitchen, living room, dining room, 4-piece bathroom, and a rear bedroom with double closets and direct access to the rear deck. This level has been fully renovated with new luxury vinyl flooring, fresh paint, new electrical and plumbing fixtures as well. FULL BASEMENT, partially finished, 6ft+ ceiling height with a finished recreation room, additional bedroom, storage room and laundry room. New wiring throughout the basement, with fresh paint and drop ceiling. SECOND FLOOR has separate entrance through the front. Covered front porch with wheelchair ramp. Front door leads to the second level which features a good size bedroom, 3-piece bathroom, full eat-in kitchen, and a living room. 200AMP service. Roof shingles updated 2016. Furnace and AC updated 2022. Two sets of kitchen appliances and laundry appliances included. Detached garage with hydro and auto garage door opener. Back deck recently refinished. Huge rear yard, fully fenced. Perfect opportunity for a buyers who want to live in half the house and rent out the other half to off-set holding costs, or multi-generational families looking to share the costs of living while keeping separate living areas, or investors looking to add a turnkey duplex to their portfolio. Big ticket items recently updated and more. This area has high demand for rental units. Vacant possession available. Lots of value to unpack with this property, come see it for yourself.
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
40' x 138'
Acreage
< .50
Fronting
South
Taxes
$2,634 (2024)
Basement
Full, Part Fin
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain10.60' x 12.20'
KitchenMain10.33' x 14.99'
DiningMain10.60' x 13.71'
BrMain10.60' x 11.61'W/O To Yard
Kitchen2nd9.78' x 10.33'
Living2nd8.89' x 10.33'
2nd Br2nd9.48' x 10.60'
3rd BrBsmt8.89' x 10.89'
BathroomMain4.10' x 5.74'4 Pc Bath
Bathroom2nd4.43' x 4.10'3 Pc Bath
RecBsmt10.01' x 16.99'
LaundryBsmt8.89' x 11.48'
Welland Market Statistics
Welland Price Trend
69 Park St is a 2-bedroom 2-bathroom home listed for sale at $524,900, which is $109,323 (26.3%) higher than the average sold price of $415,577 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Welland declined by $44,034 (9.6%) compared to the previous 30 day period (November 19 - December 18) and down $44,423 (9.7%) from the same time one year ago.
Inventory Change
There were 27 2-bedroom homes listed in Welland over the last 30 days (December 19 - January 17), which is up 170.0% compared with the previous 30 day period (November 19 - December 18) and up 350.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($4,681) (1.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,152 increase compared to the previous 30 day period (November 19 - December 18) and ($11,940) 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 2-bedroom homes in Welland over the last 30 days (December 19 - January 17) stood at 181.5%, down from 360.0% over the previous 30 days (November 19 - December 18) and up from 83.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Welland stood at 25 days when successfully sold over the last 30 days (December 19 - January 17), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Coldwell Banker Advantage Real Estate Inc, Brokerage
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